Beginning in August, Tata, Honda, and Toyota automobiles will grow to be dearer. Be taught extra

Consumers buying select brands of cars in India will have to pay more starting this month. Honda and Toyota Kirloskar Motor had previously announced a price increase that will apply from August 1st. Tata Motors also indicated a price increase.

(Also read: Pent-up demand boosts car sales in July)

Nexon
1199 cc | petrol | manual

Price ex showroom

12,84,365 * Continue

Tata Altroz ​​(HT Auto-Photo)

Otherwise
1199 cc | petrol | manual

Price ex showroom

9.49.095 € * Continue

Tata Tiago (HT Auto Photo)

Tiago
1199 cc | petrol | manual

Price ex showroom

6,87,143 € * Continue

This is not the first time that various auto companies have raised the price of their respective vehicles. This is the third time that auto companies have raised the price of their vehicles.

In the first and second quarters of this year, several car brands increased the prices of their specific models. The car companies cited increased input costs as the reason for the price increase.

Tata Motors has announced a price increase for its range of vehicles effective August 3rd. This means that all Tata cars are on average 0.8% more expensive, depending on the variant and model.

Shailesh Chandra, president of the passenger car division at Tata Motors, previously said the company had seen very sharp price increases for steel and precious metals over the past year. “The financial impact of the rise in commodity prices is in the range of 8-8.5% of our revenues last year,” he added.

Previously, Tata Motors had raised the prices of its cars by up to 1.8% in May 2021. Also in January 2021, it announced a price increase of up to. on 26,000.

Among other car brands, Honda Cars India had also announced a price increase for its entire range of products in India. The Japanese automaker raised the prices of its cars by up to in February and April 20,000 and 10,000 or the latest price increase is due to increased production costs, as Honda has quoted.

Early last month, Toyota announced a 2% price hike for its Innova Crysta MPV. The Japanese auto giant previously changed the price for Toyota Innova Crysta. elevated 26,000 this April.

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