Tata Motors has announced a price hike across its entire product portfolio effective from 21st January 2021. Prices of the models have been increased by up to Rs 26,000, depending on the variant. The reason behind the price hike is said to be the rising input costs and material costs of steel, semi-conductors and valuable metals. One must note that the new prices will be applicable to all bookings that will be made post 21st January, 2021. Currently, Tata’s product lineup includes Harrier, Nexon, Altroz, Tiago and Tigor.
The home-grown carmaker has also increased prices of its commercial vehicles including buses, Medium and Heavy Commercial Vehicles (M&HCV), Light Commercial Vehicles (LCV), Small Commercial Vehicles (SCV). Price hike will depend upon products, variants and their fuel type. In FY2021, the company registered its highest ever sales with a growth of 39% against the previous financial year.
Meanwhile, Tata Motors is getting ready to launch the Altroz iTurbo and new Safari SUV in the country. While the former will hit showrooms on coming 26th January, the latter will debut on the same date. The new Tata Safari launch is likely to happen in March or April, 2021. The model will be made available in four trims – XE, XM, XT and XZ – packed with Harrier’s 2.0L diesel engine. Both manual and automatic gearboxes will be on offer. The SUV will be offered with FWD system only.
After the new Safari, the company will roll out the Tata HBX concept based mini SUV that’s reported to arrive in May, 2021. Once launched, it will be placed against the Maruti Suzuki S-Presso and the upcoming Hyundai AX1 mini SUV. The model will share its platform with the Altroz premium hatchback and design elements with the Harrier. The new micro SUV might be offered with 85bhp, 1.2L petrol and 1.2L turbo petrol engines.
