Today, Tata Motors announced that the prices of all Passenger Vehicles would be increase by Rs. 25000 from starting January 2018. Company says prices are increasing because of rising input costs.
According to Mr. Mayank Pareek, President, Passenger Vehicle Business, Tata Motors, “The changing market conditions, rising input costs and various external economic factors have compelled us to consider the price increase. We are optimistic on maintaining our growth trajectory in the coming year on the back of our robust product portfolio like TIAGO, HEXA, TIGOR and the recently launched NEXON.”
The introductory prices of recently launched all new compact SUV, NEXON will be ending by 31st December. Along with NEXON the entire range will get a price hike from January 2018 by upto INR. 25,000.
Benefits for December
|Ex – Showroom price, starts at||Rs 11.9 lakhs||Rs 3.27 lakhs||Rs 4.63 lakhs||Rs 5.31 lakhs||Rs 10.53 lakhs|
|Total December benefits upto (to vary depending on variants)||Rs 78,000||Rs 26,000||Rs 32,000||Rs 68,000||Rs 1,00,000|
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