Tata Cars Price Hike Effective February 1 | Tata car price hike effective February 1

by time news

Tata Motors has announced a price hike for its cars. However, as a consolation, it has announced that it has increased the price of gas-powered passenger cars only, not all cars. There is no change in the price of electric cars either.

Depending on the type of car, the average price increase will be 1.2 percent, and it has been announced that this price hike will come into effect from February 1.

The price hike is said to be due to higher regulatory fees and cost of production for the car.

Also, the company itself has accepted most of the increase in the cost of production and has shared a portion of the cost of production to the customers in a limited amount.

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