New Delhi Dec 11 (IANS) Tata Motors on Monday said it will increase prices of its entire passenger vehicle range by up to Rs 25 000 starting from January due to rising input costs.
"The changing market conditions rising input costs and various external economic factors have compelled us to consider the price increase " said Mayank Pareek President Passenger Vehicle Business Tata Motors.
"We are optimistic on maintaining our growth trajectory in the coming year on the back of our robust product portfolio like TIAGO HEXA TIGOR and the recently launched NEXON " he said.
The statement said the introductory prices of the recently launched lifestyle compact SUV NEXON which comes with Level NEX design performance and technology features will be ending by December 31. This entire range will also witness a price hike by up to Rs 25 000.
--IANS
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