Earlier this month, Tata Motors had given an insight into its future offerings at the 2019 Geneva Motor Show. This included Tata’s much-awaited answer to the Maruti Suzuki Baleno and the Hyundai Elite i20 - the Altroz.
You can find Tata’s official statement about the price hike below.
Press Release
Tata Motors to increase prices of its Passenger Vehicles from April 2019
Mumbai, March 23, 2019: Tata Motors today announced that the Company would be increasing prices of its passenger vehicles range by up to INR 25,000, starting April 2019. This hike in price is due to rising input costs and external economic conditions.
According to Mr. Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors, “The changing market conditions, rising input costs and various external economic factors have compelled us to consider this price increase. We are confident of maintaining our growth trajectory in the coming months on the back of our robust portfolio consisting of segment-leading products like TIAGO, HEXA, TIGOR, NEXON and the HARRIER.”
This story has been sourced and contributed by CarDekho.com