With 2024 on the horizon, several automakers map out their price hikes for the new year which also includes Tata Motors. Starting January 1, 2025, the company has announced that prices for its passenger vehicle (PV) range will be raised. To clear dealer inventories and drive sales. Tata Motors — India’s leading carmaker and also the top-selling SUV brand — is now offering discounts of up to ₹3.5 lakh on all ICE (Internal Combustion Engine) and EV (Electric Vehicle) models.
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Tata Motors to Implement 3% Price Hike on All ICE and EV Models Starting January 1st, 2025
The company has announced a hike in prices by up to around 3% in its entire passenger vehicle range, including hatchbacks, sedans, and SUVs, in both ICE and EV guises, effective from next year. This is a frequent occurrence for manufacturers generally at the end of the calendar year. This is due to higher input costs and inflation, although Tata is saying that it will absorb a lot of this increase, and a portion of the increase will be passed on to buyers.
The price revision will be applicable for the Tiago, Tigor, Punch, Punch EV, Nexon, Nexon EV, Curvv, Curvv EV, Harrier, and Safari models. The revised price will come in January 2025 and it will be different according to the model as well as its variant.
However, Tata Motors is not just going up with the prices. The most recently laid eyes on were the Harrier EV and Safari the most recent of which are expected to receive a dual-motor 4WD configuration for the Harrier EV. Tata also continues to revive the iconic Sierra nameplate, which the automaker could launch as an EV ahead of an ICE model. The Tiago and Tigor are also due for an update, as their competitors continue to be updated. However, Tata’s quality control and after-sales service still have room for improvement, as expressed by some customers on social media platforms.
FAQs
When will Tata Motors’ price hike take effect?
The price hike will begin on January 1st, 2025.
Which Tata Motors models are affected by the price increase?
The price hike will apply to all Tata Motors passenger vehicles, including ICE and EV models.