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Tata Motors to hike car prices by up to Rs 25,000 from April

The company joins the likes of Toyota and Jaguar Land Rover which have also stated that they would hike prices of select models from April

Press Trust of India  |  New Delhi 

Brokerages slashed price targets on Tata Motors after the company reported biggest loss in India’s corporate history. The consensus 12-month price target for the stock is down to Rs 215 from Rs 252 earlier this month. Some brokerages have cut the tar

Saturday said it will increase prices of its passenger vehicles range by up to Rs 25,000 from April on account of rising input costs and external economic conditions.

The company joins the likes of and which have also stated that they would hike prices of select models from April.

"The changing market conditions, rising input costs and various external economic factors have compelled us to consider this price increase," President, Mayank Pareek said in a statement.

currently sells a range of passenger vehicles starting from the Nano to premium SUV Hexa priced between Rs 2.36 lakh and Rs 18.37 lakh.

First Published: Sat, March 23 2019. 13:35 IST
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