Friday, March 1, 2024
HomeUncategorizedTata Motors likely to increase prices of its car from Feb 1

Tata Motors likely to increase prices of its car from Feb 1

Currently, TATA Motors sells cars like Tiago, Tigor, Altroz, Punch, Nexon, Harrier, Safari, Punch. ev, Tiago.ev, Tigor.ev and Nexon.ev. 

By CROX Times Desk: Tata Motors will increase the prices of its passenger vehicles (PVs) including all the electric vehicles from February 1. 

The company will hike the prices of its cars by 0.7% on average. In an official statement released by the company, “This will be in effect from February 1, 2024, and is being taken to partially offset the rise of input costs”

The carmaker had recently launched the Punch. ev in the price range between INR 10.99 Lakh to INR 15.49 Lakh (Ex-showroom Price) 

The Company Posted a rise in domestic volumes of 550,838 units last year, witnessing a growth of 4.56% every year. This figure also includes the electric vehicle wholesales in the domestic market. 

In the year 2022, the PV volume of Tata Motors in the domestic market stood at 526,798 units which was the highest ever till then. 

Grab your favorite TATA Car today else you will feel a little burden on your pocket from the next month. 

Do let us know your favorite Tata Car in the comment section below. 

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