Mumbai, April 15, 2023.
Tata Motors, India’s leading
vehicle manufacturer today announced that it will marginally increase price of
its passenger vehicles from May 1, 2023. The weighted average increase will be 0.6%, depending on
the variant and model.
Tata
Motors has been absorbing a significant portion of the increased costs on
account of regulatory changes & rise in overall input costs and is hence
compelled to pass on some proportion through this hike.
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