Tata Motors to hike prices of passenger vehicles by up to Rs 26,000

The company had earlier increased prices of commercial vehicle range, from 1 January

Tata Motors on Friday increased the prices of its passenger vehicle range.

The prices have risen up to Rs 26,000, depending on the variant. The company said in a statement that it will offer protection from higher prices to customers who have booked Tata passenger vehicles on or before January 21.

Tata Motors had earlier increased prices of its commercial vehicle range from January 1.

The company said increase in cost of raw materials such as steel, metals and semi-conductors compelled it to raise the prices of its vehicles. Market leader Maruti Suzuki also increased prices from January 10.

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