Tata Motors to hike price of passenger vehicles from 1st April
Moneylife Digital Team 18 March 2011

The price increase has been necessitated on account of steep rise in input costs, the company stated

New Delhi: Passenger car and commercial vehicles maker Tata Motors today said it will hike the prices of its passenger vehicles, excluding the Nano, by up to Rs36,000 from 1st April, to offset rising input costs, reports PTI.

"Despite continuous cost control initiatives, the company have been forced to take these increases on account of steep rise in input costs," Tata Motors said in a statement.

Following the price revision, the Indica will be costlier by Rs7,000-Rs9,000, Vista and Indigo CS by Rs8,000-Rs11,000 and Manza by Rs10,000-Rs15,000.

The Nano will, however, not be revised.

In the utility vehicles segment, depending upon the model, Sumo prices will go up by Rs13,000-Rs15,000, Grande by Rs16,000-Rs19,000, Safari by Rs18,000-Rs29,000, Aria by Rs30,000-Rs36,000 and Venture by Rs9,000-Rs12,000.

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