Tata Motors has announced a price hike across its ICE-powered (internal combustion engine) passenger vehicle range in India. Prices will be increased by 1.2 percent that will vary variant and model-wise. The new prices will come into effect from 1st February 2023. The carmaker’s product portfolio includes Tiago, Altroz, Tigor, Punch, Nexon, Harrier and Safari. One must note that prices of the Tata Nexon EV will remain unaffected.
The carmaker has cited continuously increasing “cost pressure driven by overall inflation” and the new regulatory requirements for the price surge. In official statement, Tata says that “the company makes maximum effort to reduce cost and partially offset the increase, it has become imperative to pass on some of the impact through a price increase.”
Tata Motors – Upcoming Launches
In 2023, the home-grown automaker will roll out the CNG versions of the Altroz hatchback and Punch SUV. Both models recently made their public debut at the Auto Expo 2023. The Tata Harrier and Safari facelifts will also be introduced in coming months. Major feature upgrades will be made to the SUVs. The new models will come with the Advanced Driver Assistance System (ADAS) offering safety features such as lane assist, autonomous emergency braking system, forward collision alert and traffic sign recognition.
The list of features will also include a bigger and updated 10.25-inch infotainment system, a new digital instrument cluster, a 360 degree camera, ambient lighting and adjustable driver’s seat with memory functions. Powering the 2023 Tata Harrier and Safari facelifts will be the existing 2.0L turbo diesel engine making 168bhp and 350Nm of torque.
In the next two years, Tata Motors will bring in some important new products including the Harrier EV, Curvv (Hyundai Creta rival), and Sierra (Mahindra Scorpio-N rival). The Tata Curvv and Sierra SUVs will be offered with both petrol and electric powertrains. All three SUVs will be designed on Tata’s Gen 2 (aka Sigma) platform.