Tata Motors automobiles to be costlier than at this time; Safari, Harrier, Tiago to price extra | Auto News

One of the most important automakers in India, Tata Motors, has introduced a worth enhance for its passenger automobiles. Starting at this time, relying on the model and mannequin, there shall be a weighted common worth rise of 0.55 % throughout the board. The enterprise has cited elevated enter prices for the worth hike. Other automotive manufacturers within the Indian markets had additionally elevated the costs of their autos citing related causes. In addition, this isn’t the primary time Tata Motors is rising the worth of its automobiles this yr.

Back in April, the Indian automaker had elevated the costs of its fashions by 1.1 per cent on common relying on the mannequin and variant. The worth hike was efficient within the Indian market beginning April 23, 2022, and three months down the road there was one other enhance.

Similarly, in January 2022, they introduced a worth rise with a median enhance of 0.9 % relying on the model and mannequin. The Indian automaker gave equivalent justifications for the worth hike on the time.

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Other manufacturers like Toyota and Skoda have additionally elevated the costs of sure fashions seating the rising enter prices. It is to be famous that the auto trade has been dealing with extreme chip shortages together with disruptions in provide chains leading to elevated enter prices to fabricate autos.

The elevated enter prices are usually not solely affecting the Indian automobile market, however the two-wheeler market can be struggling with the identical. Recently, Hero Motocorp introduced to extend within the costs of its fashions for a similar purpose.

In the Indian market, Tata Motors sells a myriad of automobile fashions masking a number of segments like hatchback, SUV, and sedan. To title just a few Tata has automobiles like Safari, Harrier, Tiago, and Tigor amongst others within the Indian market.

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