Tata Motors Set To Hike Prices

Tata Motors India

Indian auto conglomerate Tata Motors have announced the increase in the prices of their cars and SUV range.

A second hike in as many months, the 2% increase as announced is in response to the Indian government implementing the BS IV emission guidelines from April 1st.

“The exact quantum of the price increase will be ascertained closer to the April 1 deadline” for meeting the emission rules, Rajiv Dube, president in charge of passenger car business at India’s biggest auto maker by sales, told reporters.

The auto sector was gaining steadily in the past 11 months of the current fiscal much thanks to the stimulus packages announced the Centre.

Greener machines mean less greener wallets, apparently.

Picture Courtesy: Lorentey

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