Tata Motors To Hike Passenger Vehicle Prices From January (Photo Credit: file photo )
New Delhi :
Tata Motors on Wednesday said it will increase prices of its passenger vehicles from January, primarily in order to offset impact of upgrading its portfolio to conform to BSVI emission norms. The company currently sells products ranging from hatchback Tiago to SUV Harrier, priced between Rs 4.39 lakh and Rs 16.85 lakh (ex-showroom Delhi).
“With BSVI products coming in, prices will increase from January,” Tata Motors President (Passenger Vehicles Business Unit) Mayank Pareek told PTI in an interview here. He declined to quantify the increase in prices but said the hike next month would be on a higher side as compared to earlier price revisions taken by the company.
“We are working on the calculations...normally if any change happens the prices go up by Rs 10,000-15,000. Now there are two things happening, one is BSVI and there is also pressure from rise in commodity prices,” Pareek said. BSVI emission norms in India are slated to kick in from April 1, 2020. On Tuesday, Maruti Suzuki India announced to increase prices of its models from January to offset rising input costs.
Other automakers like Toyota, Mahindra & Mahindra and Mercedes-Benz are also contemplating a similar move. Hyundai Motor India and Honda Cars India, however, said they will not increase vehicle prices in January, but their products will see price hike when BSVI compliant models are introduced in the market.
Apart from this, Tata Altroz, the first-ever premium hatchback offering from the automaker, will be launched in India in January 2020. However, the bookings for Tata Altroz has officially begun from Wednesday onwards. It is to be noted that after the official launch, Tata Altroz will compete against Maruti Suzuki Baleno, Honda Jazz, and Hyundai i20 in the Indian market.
Tata Altoz petrol version is powered by a Revotron 1.2-litre, naturally aspirated engine. The 1199 cc motor churns out 85 bhp at 6000 rpm and develops a peak torque of 113 Nm at 3300 rpm. On the other hand, the diesel model of Tata Altoz is powered by a Revotorq, 1.5-litre Common Rail Turbo Intercooled oil burner.
The 1497 cc, four-cylinder motor belts out 89 bhp at 4000 rpm and develops 200 Nm of peak torque at 1250-3000 rpm. Both engines are mated to a 5-speed manual gearbox as standard.
There is no automatic transmission on offer. Coming to the features, the top-end variant of Tata Altroz comes equipped with projector headlamps, LED DRLs, fog lamps (front and rear), and rear defogger. The cabin includes a 4-way adjustable driver seat and 2-way adjustable front passenger seat.
It further gets a 7-inch TFT colour display with media & navigation from Harman. The system boasts of an Apple CarPlay and Android Auto, video playback and more.
(With inputs from PTI)