-6.55 (-1.91%) Tata Motors has hiked the prices of its passenger vehicles by an average of 1.1 percent with immediate effect. Tata Motors has increased prices across its passenger vehicles to partially offset the rise in input cost. Effective April 23, the weighted average increase is 1.1 percent, depending on the variant and model.
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.