17 December, 2010 Indian carmaker Tata Motors plans to increase the prices of all its passenger vehicles except the Nano and the newly-launched Aria by up to 1.5 per cent from next month onwards. The price hike comes as a result of surging input costs, the Tata group company said.
Indian carmaker Tata Motors plans to increase the prices of all its passenger vehicles except the Nano and the newly-launched Aria by up to 1.5 per cent from next month onwards. The price hike comes as a result of surging input costs, the Tata group company said.
“We will increase prices for all passenger vehicles except the Nano and the newly-launched Aria,” he said.
Most of the major car manufacturers in India, such as Hyundai Motor India, Volkswagen and General Motors have also said that they would increase the prices to offset the increasing pressure from rising raw materials costs, including natural rubber.
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