Tata Motors has signed that they would become expensive soon, by increasing the prices of its new cars
Tata Motors on Monday has signed that it will soon start increasing the prices of its new cars. They will soon increase the prices of the “ New Forever” range of car models. A proper announcement will be made soon, Tata Motors reported.
This means that the prices of cars, hatchbacks and SUVs like Nexon, Tiago, Altroz, Safari, Tigor will increase soon. The reason for the hike in prices is because of the increase in overall input costs, due to the continuous increment in raw materials like precious metals and steel.
They are yet to reveal what the new prices will be and the percentage of price hike for each model. It has recently seen its new generation safari and SUV cars reviving its business. The price hike will surely impact the upcoming sales figure.