Friday, March 18, 2011

Tata Motors To Raise Passenger Vehicle Prices From April 1

Tata Motors Friday said it will raise prices of its passenger vehicles by Rs 7,000-36,000 per vehicle effective April 1 to offset rise in input costs.

“Despite continuous cost control initiatives, the company is being forced to take these increases on account of steep rise in input costs,” Tata Motors said in a statement.

Among passenger cars, Indica prices will go up by Rs 7,000-9,000, Vista and Indigo CS prices will go up by Rs 8,000-11,000 and Manza prices will go up by Rs 10,000-15,000, Tata Motors said.

Among utility vehicles, Tata Motors will raise prices of Sumo by Rs 13,000-15,000, Grande by Rs 16,000-19,000 and Safari by Rs 18,000-29,000.

The automobile manufacturer is also raising prices of the Aria by Rs 30,000-36,000 and Venture by Rs 9,000-12,000.

Tata Motors had earlier raised prices of some of its passenger vehicles and all commercial vehicles from January 1, 2011.

[Source]

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