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Tata Motors announces hike in Nano prices

Tata Motors on Friday said it will raise the prices of its small car Nano by up to four per cent after it completes the delivery to first one lakh customers.

The company said it has begun intimating customers, who had retained their booking but are not among first one lakh, that their cars are coming up for delivery albeit at higher prices.

“Despite a steep increase in input prices, their (retainee-customers) Tata Nanos are being priced only three- four per cent higher, depending on the model, than the price announced at launch,” the company said in a statement. Read full story from publisher

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