In January this year, the company had hiked prices of its passenger vehicle portfolio by up to 3 per cent.Tata Motors on Tuesday announced its intent to increase prices across its passenger vehicle range, including electric vehicles, effective April 2025, the second time this year.
“This price adjustment is being undertaken to partially offset the impact of rising input costs. The extent of the hike will vary depending on the model and variant,” the company said.
In January this year, the company had hiked prices of its passenger vehicle portfolio by up to 3 per cent.
On Monday, Tata Motors announced price increases for their commercial vehicles, the increase up to 2 per cent across its commercial vehicle range will vary by model and variant.
Maruti Suzuki, India’s largest carmaker, also announced a price increase of up to 4 per cent for all its vehicles, effective April 2025.
Both companies pointed to rising input costs, operational expenses, and inflationary pressures as the reasons behind the price adjustments.
