Tata Motors, the top producer of passenger cars in India, has announced a price increase for all of its models. Starting today, depending on the version and model, there will be a weighted average price rise of 0.55 percent throughout the entire range. All Tata cars’ prices, including the Nexon, Punch, Safari, Harrier, Tiago, Altroz, and Tigor, have increased as of today.
According to Tata Motors, the increase in vehicle prices is intended to counteract the residual effects of the overall rise in input costs. In the last three months, Tata Motors has increased prices a second time. (dotnetcoretutorials.com) In April 2022, the company raised the prices of its passenger cars by a weighted average of 1.1%. This is Tata Motors’ fourth price increase announcement for 2022. In contrast to earlier, Tata Motors’ most recent announcement makes no mention of customer price protection.
Tata Motors Sales June 2022
Tata Motors continues to sell close to 45,000 vehicles, but it drops to third place among the top 10 car brands in the nation. In contrast to the 24,110 cars sold in the same month last year, the company sold 45,197 units in June 2022. It saw an increase in sales of 87.46% year over year.
In June 2022, Tata Motors sold 14,295 Nexon small SUVs. It continues to be the best-selling SUV in the nation, ranking first among the top 10. The Punch, the company’s entry-level SUV, sold 10,414 units in the previous month. The Altroz and Tiago each saw sales of 5,363 and 5,310 units, respectively. 3,015 and 1,869, respectively, are accounted for by the Tata Harrier and Safari. In June 2022, the Tigor subcompact sedan was sold 4,931 times.