TNI || New Delhi || 22nd Sept 2021
As per the press release from the company, the price hike will be in the range of 2% and will be implemented based on the model as well as the variant of the vehicle.
The release from the company stated that due to the continuous rise in the cost of the commodities like steel and other precious metals, it is left with no other choice but to increase the cost of the vehicle.
According to the company, it has further strived to lower the increase in the price by including a certain portion of the cost in various manufacturing levels.
The fact, as per the company is that Tata Motors continue with its efforts to deliver with the lowest total cost of ownership when it comes to the customers and the fleet owners.