The Economic Times

Tata Motors weighs further car price hikes as commodity costs bite; increases to be gradual

Tata Motors Passenger Vehicles is evaluating further price increases as commodity costs continue to affect profitability. The company is currently absorbing part of these cost hikes while working on cost reduction measures. Incremental price increases will be implemented over time to minimize demand impact. Tata Motors recently introduced the new Tata Aeris compact sedan targeting personal buyers with competitive pricing.