TATA Motors Going To Increase The Price Of Passenger Vehicles ~ RKReviewZone

TATA Motors Going To Increase The Price Of Passenger Vehicles

 



TATA Motors Going To Increase The Price Of Passenger Vehicles

Tata Motors has increased the passenger vehicle prices from 8th May 2021. The company on Friday announced that effective 8th May, it'll increase the prices of its passenger vehicles, averaging 1.8%, counting on the variant and model. Tata Motors also will extend price protection for patrons who have booked vehicles on or before 7th May.

The company will offer protection from the worth increase to customers who have booked Tata passenger vehicles on or before 7th May, it said. The auto major said that the worth increase was thanks to a rise in prices of commodities like steel and precious metals.

According to President, Mr. Shailesh Chandra – Passenger Vehicles Business, “Increase in prices of commodities, like steel and precious metals, necessitates us to expire an area of it through a rise within the price of our products. Keeping in mind the interest of consumers who have booked cars already, we are offering price protection for all bookings done to date 7th May 2021.

''This increase is going to be effective for bookings made thereafter (effective 8 May 2021). Our ‘New Forever’ product range continues to witness strong acceptance within the market and that we are thankful to our customers for his or her continued trust within the brand,'' Chandra said.

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