Tata Motors to increase prices of PVs by up to 3%

Tata Motors has announced that it will increase prices of its passenger vehicles, including those of electric vehicles (EVs), by up to 3%.

“Effective January 2025, the price increase will vary depending on the model and variant, and is being taken to partially offset the rise in input costs and inflation,” the auto major said in a statement.

The move follows the decision of almost all automakers to raise prices of their vehicles to pass on the burden of increased cost of materials and logistics to buyers.