Connect with us

Automobile

Purchasing these six automobiles can cost dear on your pocket: Check hiked price

Published

on

Tata Motors will increase the prices of its passenger vehicle (PV) range, which includes the Safari, Harrier, Nexon, Altroz, Tigor and Tiago, from May 8. While the price hike will vary according to model and variant, it will average 1.8 per cent.

The customers who have already booked a Tata PV or are going to book one today, will not be affected by the price hike.

The automobile manufacturer’s flagship vehicle, Tata Safari, is priced between Rs 14,69,000 and Rs 21,45,000 (ex-showroom, Delhi), while the Tata Harrier is available in the price range of Rs 13,99,500 to Rs 20,45,500 (ex-showroom, Delhi). The Tata Nexon is offered in the price bracket of Rs 7,09,900 to Rs 12,79,500 (ex-showroom, Delhi).

The Tata Altroz’s price starts at Rs 5,69,500 and goes up to Rs 9,45,500 (ex-showroom, Delhi). The Tata Tigor sits in the price range of Rs 5,49,500 to Rs 7,63,500 (ex-showroom, Delhi). The Tata Tiago’s price ranges from Rs 4,85,500 to Rs 6,84,500 (ex-showroom, Delhi).

“Increase in prices of commodities, such as steel and precious metals, necessitates us to pass on a part of it through increase in price of our products. Keeping in mind the interest of customers who have booked cars already, we are offering price protection for all bookings done till date (on or before May 7, 2021),” Tata Motors PV Business Unit President Shailesh Chandra said.

“This price increase will be effective for bookings made thereafter (effective May 8, 2021). Our ‘New Forever’ product range continues to witness strong acceptance in the market and we are thankful to our customers for their continued trust in the brand,” he added.

 

Continue Reading

Automobile

Get ready to pay more for purchasing Maruti Suzuki Cars: Read hiked rates

Published

on

Maruti Suzuki plans to increase the prices of its vehicles in the July-September quarter as the company has to deal with high input costs. In a regulatory filing, the company said that in the entire last year, the cost of the company’s vehicles continued to be adversely impacted due to the rise in various input costs.

“Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price rise,” it said.

The company further added that the price rise has been planned for the second quarter of this fiscal and the increase shall vary for different models.

It had earlier raised prices for different car models in April. Several vehicle makers have raised prices amid the pandemic as input costs have increased. Further, the decline in sales amid the pandemic has also impacted the industry.

However, with the situation easing across various states, restrictions are likely to ease and automakers would move back to normalizing the operations.

Continue Reading
Advertisement Live Uttar Pradesh

Trending