Friday, February 10, 2012
By Manoj Kumawat
Tata cars got decent price hike of Rs.12,000, except Nano & Aria
India’s leading auto manufacturer, Tata Motors has announced a decent price hike of Rs.12, 000 for its all passenger cars, except the Tata Nano and Tata Aria, effective from Thursday across the country. The increased raw material cost has imbalanced the profit margins of the company, therefore, the company’s officials have took this decision.
The company’s spokesman has admitted to the PTI that from last few months the high input costs have been disturbing the company’s profit and with an intention to share this burden with customers Tata has increased the cars price. Though, the price figures will depend upon the models, vary between the Rs.7, 000 to Rs.12, 000.
|See More Tata Nano Photos||Get Tata Nano Price|
But, the Tata Nano and Tata Aria (premium crossover) will remain untouched with this price hike exercise. Due to the currency inflammation and high input costs the auto giants like Maruti Suzuki & General Motors have also announced to increase the price of various models by Rs.17, 000.
Maruti Suzuki India (MSI) has increased the vehicles price by between 0.3 percent & 3.4 percent but, there has not been any price modification with the entry-level sedan Maruti Swift DZire. The Maruti SX4 sedan and Maruti Swift hatchback (diesel variant) have been reported the price hike parameter of Rs.2,400 to Rs.17,000.
|See More Tata Aria Photos||Get Tata Aria Price|
On the other hand, the General Motors India has increased the vehicles price by between 0.5 percent & 1.75 percent (i.e. ranging from Rs.3, 00 to Rs.15, 000) including the Chevrolet Beat, Chevrolet Cruze and Chevrolet Tavera. However, the SUV models are still available at the same price including the Aveo, Aveo UVA, Optra and Captiva.
The Hyundai Motor India and Toyota Kirloskar Motor had also increased the price of their models from different segments by 0.75 percent & 3 percent and 1 percent to 2 percent respectively. Mahindra & Mahindra’s the most popular SUV ‘Mahindra XUV 500’ has reported the price increase upto Rs.55, 000.