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Tata Motors Passenger Vehicles Ltd on Friday said it will hike prices of its internal combustion engine (ICE) passenger vehicles from April 1, 2026, citing rising input costs. The weighted average price increase will be 0.5 per cent of the ICE portfolio, and the extent will vary across models and variants, Tata Motors Passenger Vehicles Ltd said in a statement. This revision is being undertaken to partially offset the continued increase in input costs, it added. The company sells a range of ICE vehicles from the hatchback Tiago to the Safari SUV priced between Rs 4.57 lakh and Rs 23.42 lakh (ex-showroom Delhi).
Mercedes-Benz India is considering hiking prices of its products every quarter in the next calendar year to offset the adverse impact of rupee depreciation against the euro, its Managing Director and CEO Santosh Iyer said on Tuesday. The company has already announced plans to hike prices of its products by up to 2 per cent from January 1, 2026. The price adjustment reflects the ongoing forex challenges as euro-rupee exchange rate consistently remains above Rs 100-mark in 2025, significantly higher than historical averages, it had stated. "We are considering price hike every quarter next year, and that is because of rupee devaluation to euro," Iyer told PTI here on the sidelines of FICCI Mercedes-Benz Bharat Innovation business ideas challenge programme launch. He said about 18 months back, the exchange value was Rs 89 to a euro and now it's around Rs 104-105. "That is more than 15-18 per cent of depreciation," he noted. While the company has already announced price hike from Janu
JSW MG Motor India on Wednesday said it will hike prices of its vehicles by up to 1.5 per cent across most of its offerings from July 1. This revision is being done to mitigate the impact of rising input costs and other macroeconomic factors, the company said in a statement. The company sells a range of conventional engine and electric vehicles like Comet EV with price starting at Rs 7.36 lakh to SUV Gloster at starting price of Rs 43.35 lakh.