Tata Motors, a prominent Indian vehicle manufacturer, has revealed plans to implement a price hike on its passenger vehicles, including both internal combustion engine (ICE) and electric vehicles (EVs), starting from July 17, 2023. The increase, averaging at 0.6% across various models and variants, is intended to counterbalance the residual effects of previous input cost fluctuations.
Additionally, Tata Motors will provide price protection for bookings made until July 16, 2023, as well as deliveries scheduled up to July 31, 2023.
