Many vehicle manufacturers in the Indian market have announced to increase in the prices of cars. Now two more major manufacturers have also made preparations to increase the prices. Which two companies are preparing to increase the prices? From when and how much will the prices be increased. We are telling you in this news.
Two more companies will increase the price
Kia and Tata Motors, which sell vehicles in many segments in the Indian market, have made preparations to increase the prices. According to the information, both companies will increase the prices of their entire portfolio from the new year.
How much will Kia increase
According to the information given by Kia, the company will increase the prices (Kia cars price hike) from the new year. This increase will be done from January 1, 2025. Kia has informed that it will increase the prices of all its cars by up to two percent.
How expensive will Tata’s cars and SUVs be
Tata Motors has also prepared to increase the prices of its cars (Tata cars price increase). The prices of the entire portfolio will also be increased by the company from January 1, 2025 (January 2025 car prices hike). According to the information, the company will increase the prices of its cars by up to three percent from the new year. This increase will be on all the cars and SUVs of Tata Motors, which will include ICE and EV cars and SUVs.
There will be different increases on different models and variants
Information has been given by both companies that they will not make a uniform increase on all models and variants, but different increases will be made on different models and variants.
Why will the cars become expensive
Information has been given by the companies that due to the increase in input cost, there was pressure to increase the prices, after which the increase in prices was announced from the new year.
Many other companies have announced
Before Kia and Tata Motors, many other companies have also announced price hikes. These include Maruti Suzuki, Hyundai, MG Motors, and Mahindra as well as luxury vehicle manufacturers like Audi, BMW, and Mercedes Benz.