New Delhi: The prices of some Tata Motors vehicles will increase. Tata Motors announced that it will increase the prices of its “New Forever” range of vehicles. The manufacturer cited the
Rising commodity prices, including steel and precious metals, are the reason for this move, according to an IANS report. Also Read – Taking Aspirin May Beat Cancer By 20 Percent: Study
- It should be noted that Tata Motors’ “New Forever” range includes Safari, Harrier, Nexon, Tiago, Altroz and Tigor, the IANS report said.
- This means that the prices for Tata Safari, Tata Harrier, Tata Nexon, Tata Tiago, Tata Altroz and Tata Tigor will go up.
- According to the IANS report, the steep increase in total operating costs made it necessary to transfer at least part of the increase to end customers.
Maruti Suzuki Cars Price
At the beginning of June, Maruti Suzuki announced that it would raise the prices of its vehicles in the July-September quarter due to the high acquisition costs. In a regulatory filing, the company said
that over the past year the cost of the company’s vehicles continued to be adversely affected due to the increase in various input costs. “It has therefore become essential for the company
pass some of the effects of the above additional costs on to customers through a price increase, ”an IANS report said. Read Also – Rahul Vaidya-Disha Parmar Wedding Date Revealed: Intimate Affair Only With Family Members And Friends | Details out
The company added that the price increase is planned for the second quarter of this fiscal year and the increase will vary for different models. It had previously raised the prices of various cars
Models in April, IANS reported. Read also – PM Kisan Samman Nidhi Yojana: 9th installment credited to farmers’ accounts on this date | Step-by-step guide on how to check your account balance
