Tata Motors announces price hike in Jan 2018 up to Rs 25,000
Tata Motors today announced that the Company would be increasing prices of its entire passenger vehicles range by up to INR. 25,000, starting January 2018. This increase in price is due to rising input costs.
The introductory prices of the recently launched lifestyle compact SUV, NEXON, which comes with Level NEX Design, Performance and Technology features, will be ending by 31st December and this entire range will also witness a price hike from January 2018 by upto INR. 25,000.
According to Mr. Mayank Pareek, President, Passenger Vehicle Business, Tata Motors, “The changing market conditions, rising input costs and various external economic factors have compelled us to consider the price increase. We are optimistic on maintaining our growth trajectory in the coming year on the back of our robust product portfolio like TIAGO, HEXA, TIGOR and the recently launched NEXON.”
At the moment, Tata Motors is offering a special campaign for December. As a part of this campaign, customers will get a once-in-lifetime opportunity to drive home a Tata car at a down payment of Re 1 and enjoy savings of upto 1 lakh, depending on the model and variant. Tata Motors has tied up with leading financiers and banks to offer upto 100% funding through attractive finance schemes on the passenger vehicles. This will be a great opportunity for customers to exchange their cars and enjoy the benefit of huge savings.
Also Read: Tata New Launches in 2018 Auto Expo | Tata Nexon vs WRV vs Brezza vs Ecosport vs Creta Comparison
Savings for December:
Models | Hexa | Tiago | Tigor | Zest | Storme |
Ex – Showroom price, starts at | Rs 11.9 lakhs | Rs 3.27 lakhs | Rs 4.63 lakhs | Rs 5.31 lakhs | Rs 10.53 lakhs |
Total December benefits upto (to vary depending on variants) | Rs 78,000 | Rs 26,000 | Rs 32,000 | Rs 68,000 | Rs 1,00,000 |
Also Read: Tata Nexon AMT in the making – Petrol and Diesel both
Tata Nexon vs Maruti Vitara Brezza vs Ford Ecosport 2017 Video
https://www.youtube.com/watch?v=x7HdW7cVW3g?autoplay=1
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