Tata Motors India: Tata Motors will raise the prices of its automobiles once more. The corporation has highlighted the modifications and growing costs caused by the BS6 Phase 2 emission requirements as the reason for this. But, this time the prices of commercial cars will rise rather than passenger ones. According to the corporation, the new prices will go into effect on April 1st. According to the official statement, the company has totally revised the commercial vehicle portfolio, and as a result, the vehicle prices will now be raised.
Cause of increase in price
The corporation has raised the price of all commercial cars by 5%, according to the information. The price rise will apply to all vehicles classified as commercial. At the same time, used vehicles will only be sold until March 31. Following then, only new series vehicles will be sold. Simultaneously, Tata Motors is now giving significant discounts on used vehicles.
Tata Motors India: Growing rapidly in the sale
Tata Motors, for example, is quickly increasing its sales of passenger vehicles while decreasing its sales of commercial vehicles. In February 2023, the company sold 36565 units, while in February 2022, the company sold 37552 units. This represented a 3% decrease. Following that, the corporation is constantly updating its vehicles in order to enhance sales and is also presenting a variety of deals.
Company already increased the price before
Before, Tata Motors significantly boosted the prices of your passenger vehicle portfolio by Rs 30,000. On February 10, the business raised the price of all Tiago EV models by Rs 20,000. Nexon’s rates were raised by Rs 15,000 at the same time. At the same time, the prices of other vehicles were raised. Nonetheless, a number of adjustments were made to the car lineup as well.
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