The Indian auto giant Tata Motors has announced to hike the price of its car models in the Indian market from the starting of next month. The company has decided to hike the price of its cars by up to Rs 36,000 from April 1st. However, the price of small car Tata Nano has been kept unchanged. The company said in a statement on Friday, "Despite continuous cost control initiatives, the company is being forced to take these increases on account of steep rise in input costs.”
The price of Tata Indica, one of the largest selling vehicles of Tata Motors in the country, will go costlier by Rs 7,000-9,000. On the other hand, the Vista and Indigo CS will be hiked by up to Rs 8,000 to Rs 11,000. The mid level sedan Tata Manza will get expensive by Rs 10,000 to Rs 15,000.
The price of company’s popular SUV (sports utility vehicle) Tata Sumo will go up by Rs 13,000-15,000. While the Sumo Grande will go costlier by Rs 16,000 to Rs 19,000, the Safari will be dearer by Rs 18,000 to Rs 29,000.
Meanwhile, the other leading car makers in the country such as Maruti Suzuki and Hyundai are expected to take a decision in this regard by the end of this month.
