Tata's commercial vehicles, Logan to cost more

Car manufacturers hike the prices of vehicles with a steep rise in steel prices.

While Tata Motors has hiked the prices of its commercial vehicles, Mahindra Renault has raised the price of its mid-size car, Logan.

Tata Motors has hiked the price of its commercial vehicles by 3.5 per cent.

The price of high-end Novus tractor has been raised by above Rs.1 lakh while the Rs. 15.5-lakh multi-axle truck is costlier by over Rs. 50,000. The popular mini truck Ace will be costlier by around Rs. 10,000.

The company had recently slashed the prices of commercial vehicles by 2 per cent post-Union Budget.

Though rising input cost is attributed as the reason behind the price hike, the company did not comment on how it will impact passenger cars and utility vehicles.

Mahindra's mid-size car Logan will be costlier by Rs. 20,000- Rs. 30,000, which will vary from city to city. The price of petrol model of Logan has been increased from Rs. 4.53 lakh- Rs. 4.83 lakh ex-showroom Delhi.