Tata Motors to hike prices of passenger vehicles
Indian automaker Tata Motors is planning to increase prices of its passenger vehicles during the ongoing festive season, the company's Passenger Vehicles Business Unit President Mayank Pareek has said. This comes amid increase in input costs and some industry players already undertaking price hikes, he stated. Earlier, rivals Mahindra & Mahindra, Hyundai, and Maruti Suzuki also hiked prices.