Tata Motors Passenger Vehicles Ltd.

Tata Motors is all set to increase prices across its internal combustion engine (ICE) portfolio of the passenger vehicles. The company has been absorbing a significant portion of the increased costs on account of regulatory changes & rise in overall input costs and is hence passing on some portion through this hike. Effective February 1, 2023, the weighted average increase will be 1.2%, 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.