Tata Motors to hike prices of passenger vehicles from November 7

Automobile major Tata Motors Ltd on Saturday said it will be increasing the prices of its passenger vehicles effective from November 7.

The passenger car segment is logging good monthly growth for the industry players.

While Tata Motors did not specify the model wise price hike, it said the weighted average increase will be 0.9 per cent depending on the variant and the model.

"The company has been absorbing a significant portion of the increa sed costs but the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike," Tata Motors said.

SEE ALSO:

Myositis – the condition affecting actress Samantha Prabhu – is more common among adult women, say doctors

Delhi pollution: Air quality 'severe' for 3rd straight day; Noida records 529 AQI, Gurugram at 478

KV Kamath appointed independent director of Reliance Industries, Jio Financial Services