Mumbai, January 21, 2024 – In a move that’s sure to make wallets a bit lighter and car enthusiasts a tad more calculative, Tata Motors, the juggernaut of the Indian automotive industry, has announced a cheeky price hike. Come February 1, 2024, the cost of getting behind the wheel of a Tata vehicle will see an average uptick of 0.7%. This includes their range of electric vehicles, which have been zipping around the Indian streets with increasing popularity.
Why this sudden need for extra cash? Tata Motors cites the rising input costs as the primary culprit. Like a diner subtly increasing the price of your favorite dish, Tata’s decision is a nod to the economic tides that affect materials and production.
So, for those eyeing a Tata car, it might be time to dig a little deeper into those pockets. But don’t worry, it’s just a modest hike – the equivalent of a fancy cup of coffee or two. Tata Motors remains committed to offering quality and innovation, albeit with a small, additional price tag from February onwards.