Price Update12 Jun 2026, 11:32 am
Tata Motors to Hike Passenger Vehicle Prices by up to 1.5%
AI Summary
Tata Motors Passenger Vehicles Ltd. (TMPV) announced a price increase of up to 1.5% on its passenger vehicle portfolio, including ICE and EVs, effective July 1, 2026. This adjustment is to partially offset rising input costs and inflationary pressures. The price revision will vary across models and variants to maintain the value proposition. The company, formerly Tata Motors Limited, is part of the USD 180 billion Tata Group and is a leading automobile manufacturer in India, focusing on sustainable mobility solutions.
Key Highlights
- Price hike of up to 1.5% on passenger vehicles.
- Effective date for price increase is July 1, 2026.
- Reason for hike: rising input costs and inflation.
- Includes both ICE and electric vehicle (EV) models.
- Price adjustment aims to partially offset cost increases.
Price Impact
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