Tata Motors To Increase Prices Up To ₹ 25000 From January 2018

Posted on Wed ,20 Dec 2017 2:44 pm
CG News Desk
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Tata Motors To Increase Prices Up To ₹ 25000 From January 2018

Rising input costs is the reason cited for the price hike.

 

Tata Motors has announced increase in prices on its entire range by up to ₹ 25,000 from January 2018 due to rising input costs. The introductory prices of the Nexon will also end on 31 December and the prices of the compact SUV will too see a rise of ₹ 25,000.

 

According to Mr. Mayank Pareek, President, Passenger Vehicle Business, Tata Motors, “The changing market conditions, rising input costs and various external economic factors have compelled us to consider the price increase. We are optimistic on maintaining our growth trajectory in the coming year on the back of our robust product portfolio like TIAGO, HEXA, TIGOR and the recently launched NEXON.”

 

Tata Motors is offering benefits of up to ₹ 1 lakh on its entire range (except the Nexon) till 31 December, 2017. The benefits include booking a car with a down payment of ₹ 1, 100% finance offers and other exchange bonuses amounting to up to ₹ 78,000 on the Hexa, ₹ 26,000 on the Tiago, ₹ 32,000 on the Tigor, ₹ 68,000 on the Zest and ₹ 1 lakh on the Storme.



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