Rate this News Article from 1 to 5, where 5 stands for
"Excellent" and 1 stands for "Poor".

03 January, 2011 Indian car manufacturer Tata Motors has increased the prices of some of its passenger vehicles and all of its commercial vehicles by a range of Rs 3,000-30,000 due to rising input costs. The new prices come in with immediate effect.
While the prices of passenger cars have been increased in the range of 3,000-15,000, for the commercial vehicles the hike ranges between Rs 1,500-30,000, the company said in a statement.
The flagship model of the company Tata Indica and Indigo would now be dearer by a range of Rs 3,000-Rs 15,000 depending on the model. In utility vehicles, the price increase on Tata Sumo, Grande MK II, Safari and Xenon ranges between Rs 8,700-14,500.
The commercial vehicles from Tata Motors would be more expensive by Rs 1,500-30,000 more, it said.

View the original article here

Rate this News Article from 1 to 5, where 5 stands for
"Excellent" and 1 stands for "Poor".

29 December, 2010 Indian vehicle manufacturer Mahindra & Mahindra has said it will raise the prices of its vehicles across all segments in January due to increase in commodity rates.
“There will definitely be a price increase in January and we are finalising it at present... It will be across all categories,” M&M senior vice-president (Sales and Customer Care, Automotive Sector) Arun Malhotra said in New Delhi.
He, however, did not comment on how much could be the price increase on the company’s models. The prices of raw materials, especially rubber and steel, have gone up extensively in recent times, he added. Mahindra today showcased its latest utility vehicle ’Thar“ in the National Capital, which is available for Rs 5.99 lakh (ex-showroom, Delhi).
The company will launch a new pick-up truck above 1.2-tonnage carriage capacity within the first six months of the next year.
Major car makers such as Tata Motors, Hyundai Motor India and General Motors have announced their plans to increase prices of its passenger vehicle models from January. Volkswagen had said it would increase the prices of its small car Polo by over 2.9 per cent with effect from January 1, 2011.

View the original article here