India's Tata Motors PV to raise car prices from September as cost pressures bite (updated)
UPDATE 1-India's Tata Motors PV to raise car prices from September as cost pressures bite Adds details from paragraph 2 onwards
Aug 21 (Reuters) - India's Tata Motors Passenger Vehicles TAMO.NS will raise prices of cars and SUVs across its portfolio by up to 25,000 rupees ($261.23) from September 1, the car maker said on Friday, with the extent of the hike varying by model and variant.
Here are some details:
The Nexon EV maker said the price increase aimed to partially offset rising input costs and persistent commodity inflation amid continued geopolitical uncertainty.
Indian automakers have increasingly raised vehicle prices this year as cost pressures persist. Rival Hyundai Motor India HYUN.NS on Wednesday announced its third price increase of 2026, while market leader Maruti Suzuki MRTI.NS has implemented two portfolio-wide hikes in recent months.
Auto makers have cited inflationary pressures, higher commodity prices, elevated operating costs, and disruptions to global trade and energy markets linked to the Iran war as factors driving up costs.
The car maker said it had sought to absorb rising costs but was now passing on part of the burden to customers through the latest revision.
The increase marks the auto maker's third price hike this year, after a 0.5% raise in its internal combustion engine portfolio from April 1 and a further 1.5% increase across its portfolio from July 1.
($1 = 95.7000 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru; Editing by Rashmi Aich)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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