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Tata Motors to increase prices April 1

Posted by on March 18, 2011

New Delhi, March 18 (IANS) Indian automobile giant Tata Motors Friday said it will be increasing the prices of its passenger vehicles from April 1 due to soaring input costs.

“Despite continuous cost control initiatives, the company is being forced to take these increases on account of steep rise in input costs,” the company said in a statement.

According to the statement, Indica prices will go up by Rs.7,000 to Rs.9,000 depending on model, while the price of Vista and Indigo CS would go up by Rs.8,000 to Rs.11,000 and that of Manza sedan by Rs.10,000 to Rs.15,000.

Sumo’s prices will go up by Rs.13,000 to Rs.15,000, while that of Grande will rise by Rs.16,000 to Rs.19,000.

The statement said the company’s sports utility vehicle (SUV) Safari’s cost would be up by Rs.18,000 to Rs.29,000, while that of its newly launched crossover car, Aria, would be up by Rs.30,000 to Rs.36,000.

Earlier, the company had raised prices of its passenger and commercial vehicles in January.

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