Tata Motors recently hiked the prices of its passenger vehicles excluding its small car, Tata Nano along with the premium crossover, Tata Aria. The company has raised the prices by up to Rs. 12000 to pacify the burn of soaring input costs.Tata Motors said that the price upshot has been effectual since yesterday across India. According to a spokesperson of Tata Motors, the lofty input costs have been affecting the company in a negative way since a long time now.
See More Tata Aria Pictures Read More on Tata Aria
Therefore the company has made a decision to pass on some of their burden on to their consumers by increasing prices on its passenger vehicles. The hiked prices range from Rs. 7000 to Rs. 12000 totally depending on the model. Furthermore he also mentioned that there will be no increase in the prices of Tata Nano and Tata Aria. In January 2012, big champions of the Indian car market, such as General Motors and Maruti Suzuki also hiked their prices on numerous models by up to Rs. 17000 to diminish the impacts of high input costs and the deflation of Rupee value. However, General Motors India didn’t hike the prices of its few models, which comprise of Chevrolet Aveo U-VA, Aveo, Chevrolet Captiva SUV and Chevrolet Optra.
No comments:
Post a Comment