Except for Harrier and Safari, Tata Motors has increased prices of all their cars in May 2023
Tata Motors has announced a price hike across its passenger vehicle range from 1st May 2023, except for Harrier and Safari. This is the company’s third price hike this calendar year. The price hike is exclusively on its ICE (Internal Combustion Engine) range of cars and SUVs and not on its electric models.
The weighted average of price hike is at 0.6 percent and ranges by Rs 5,000-15,000 depending on model and variant. The company cites increase in input costs on account of the new Bharat Stage VI norms that have been made mandatory from 1st April 2023 as all automakers now need to fit their vehicles with emission monitoring devices. This has led to increased costs, a portion of which is now being passed on to the customer.
Tata Tiago, Tigor Price Hike – May 2023
Starting with the Tiago hatchback, prices have been increased by Rs 6,000 across the range except for the XTO variant. Earlier prices that ranged between Rs 5.54 lakh for the Tiago petrol XE variant to Rs 8.05 lakh for top of the line Tiago XZ+ DT, is now priced from Rs 5.60 lakh to Rs 8.11 lakh following the Rs 6,000 uniform price hike. There is no price hike on the electric variants of Tiago. Tata Tiago EV is being offered at a starting price of Rs 8.69 lakh while its top-spec variant is at Rs 11.99 lakh.
Tata Tigor prices also see a price hike from Rs 6,000-11,000 depending on variant. There is no price hike on either the XZ+ LP petrol manual, XZA+ LP petrol automatic or XZ+ LP CNG. The base XE petrol manual variant which was priced at Rs 6.20 lakh is now higher by Rs 10,000 to Rs 6.30 lakh. Top spec Tigor XZ+ CNG is now at Rs 8.76 lakh from an earlier Rs 8.70 lakh following a Rs 6,000 price hike.
Tata Altroz prices have been increased by Rs 15,000 for the XE and XE+ trims to Rs 6.60 lakh and Rs 6.80 lakh respectively. The XM+ is higher by Rs 5,000 to Rs 7.45 lakh while the XT, XT Dark, XZ and XZ+ along with the XZ + Dark see a Rs 10,000 price hike and now range from Rs 8.36 lakh to Rs 9.20 lakh respectively. Altroz petrol automatic variants also see a Rs 5,000-10,000 price hike while the Turbo petrol variants get a flat Rs 10,000 price hike. Prices increase by Rs 10,000-Rs 15,000 for the Altroz diesel trims which now range from Rs 8.15 lakh to Rs 10.50 lakh.
Tata Punch and Nexon Price Hike
Tata Punch sees a uniform price hike of Rs 5,000 across all variants except for the Pure and Rhythm trims. Buyers opting for the dual tone variants will have to shell out Rs 10,000 more. Following the price hike, Tata Punch is priced between Rs 6 lakh and Rs 9.42 lakh.
Following the price hike from 1st May 2023, Tata Nexon gets priced higher by Rs 5,000 to Rs 15,000 depending on variant. The Nexon XE petrol manual is not a part of this price hike and nor is the XM diesel manual trim. These two models continue at Rs 7.80 lakh and Rs 10 lakh respectively. The other variants of Tata Nexon are priced from Rs 8.90 lakh to Rs 14.50 lakh. All prices are ex-sh.