Tata Motors to hike passenger vehicle prices

NEW DELHI: Homegrown auto major Tata Motors is planning to increase prices of its passenger vehicles during the ongoing festive season to offset rising input cost.

NEW DELHI: Homegrown auto major Tata Motors is planning to increase prices of its passenger vehicles during the ongoing festive season to offset rising input cost. “We will hike prices of our vehicles. Currently we are working out the details ... It could be during the festive season,” Tata Motors, president, passenger vehicles business unit Mayank Pareek said.“Input costs have increased and some of the industry players have already undertaken price hikes.”

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