Auto sales jump 19% in festive season; price hikes in the offing
Several automakers on Monday announced their plans to raise prices by January 2024.
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Tata Motors hikes commercial vehicle prices by 3% beginning Oct 1
The price increase is to offset the residual impact of the past input costs, the company says.
TVS Motor, Ather, Ola electric scooters get costlier
The government has reduced FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) subsidy on electric two-wheelers from June 1, 2023.
Tata Motors to hike car prices from Feb
The average price hike will be 1.2%, depending on the variant and model, says Tata Motors.
Hero MotoCorp to hike prices from Dec 1; stock surges 2%
Hero MotoCorp has attributed overall inflationary costs as the reason for increasing vehicle prices. The exact quantum of increase will vary by specific models and markets.
Steep price hike due to BSVI-II; auto sector must stay cautious: FADA
The implementation of BSVI Stage II regulations, which will mandate the onboard diagnostics (OBD)-2 norms, is going to entail a steep price hike across all categories of vehicles.
Price hikes in inflation are inevitable: Mars Wrigley
Mars Wrigley has been trying its best to be as efficient as possible in the way it operates so that it passes on the least impact of inflation on its consumers.
Hero MotoCorp share rises 4% on price hike announcement
The stock price got a boost after Hero MotoCorp decided to hike the prices of motorcycles and scooters from July 1, 2022, by up to ₹3,000, citing high input costs
Hero MotoCorp to hike motorcycle, scooter prices by up to Rs 3,000
Hero MotoCorp says the price revision has been necessitated to partially offset the steadily growing overall cost inflation, including commodity prices.
Another round of FMCG price hikes in the offing: HUL
Passing on price hikes to consumers was the last option for the FMCG major, says Hindustan Unilever managing director Sanjiv Mehta.
