Tata Motors Passenger Vehicles Ltd.

Tata Motors has increased prices of its passenger vehicles marginally. Effective January 19, 2022, an average increase of 0.9% will be implemented, depending on the variant and model. At the same time, the Company has also taken a reduction of upto Rs 10,000 on specific variants, in response to feedback from customers.

While the company is absorbing a significant portion of the increased costs, the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.