After Harrier, Tata Nexon, Safari, Zest and Bolt see a minor price hike. However, the prices of Tigor and Tiago remain unchanged, as of now.
Just yesterday, we reported that Tata has hiked up the prices of Harrier by Rs 30,000. Now, we get to know that the Tata Nexon and some other models receive a minor price hike of Rs 10,000.
The exact price details for each variants is yet to come. The list of models affected include:
- Safari Storme
Yes, the Tata Tigor and Tiago are left out of this price hike. Since all the models get a hike, both of them are also expected to get. However, for the time being, their prices remain unchanged.
The exact reason for this price hike is unknown, but we expect some increase in the manufacturing costs. As in the case of Harrier, it was launched in January 2019 at an introductory price.
Meanwhile, the automotive industry is suffering badly and every other manufacturer is seeing steep decline in the sales. Looking at the sales reports, some of the best selling two-wheelers and four-wheelers which have never seen any downfall, are declining rapidly now.
Tata Motors’ global sales was down by 23%, seeing a decline from 1,06,979 units in May 2018 to 82,374 units in May 2019. The severely affected models include Tata Tiago and Nexon.
Talking about new launches, Tata is going to launch the new Altroz premium hatchback this year. The expected launch is in a couple of months, as its teaser has been revealed and the website is live.
Tata Altroz will rival against Maruti Baleno, Hyundai Elite i20, Honda Jazz, Volkswagen Polo and the new Toyota Glanza. To keep the competition stiff, Tata will either price it very competitively or equip Altroz with features loaded up to the brim.
Other two launches include a 7-seater version of the Harrier and a micro-SUV. The former might be known as Tata Buzzard, using the same engines of Harrier. The micro-SUV is codenamed H2X and will go against Mahindra KUV100.