A continued rise in the price of commodities and ocean freight prices has necessitated this value improve of the automobile, it added.
The worth of C5 Aircross presently begins at Rs 31.3 lakh (ex-showroom Delhi).
Some carmakers have already introduced a hike in automobile costs from subsequent month similar to Maruti Suzuki and luxurious automakers Audi and Mercedes-Benz.
The nation’s largest carmaker Maruti Suzuki knowledgeable that the value hike deliberate for January 2022 will differ for various fashions, whereas Mercedes-Benz stated its hike will likely be on choose fashions by as much as 2 per cent attributable to characteristic enhancement and rising enter prices.
Audi will improve the costs by as much as 3 per cent throughout its whole mannequin vary owing to rising enter and operational prices.
Equally Tata Motors, Honda and Renault are additionally mulling climbing costs of passenger automobiles from January subsequent yr, given the persevering with rise in enter prices.
Tata Motors has additionally introduced to hike costs of its business automobiles within the vary of two.5 per cent from January 1.
Costs of important commodities similar to metal, aluminum, copper, plastic and treasured metals have considerably elevated over the past one yr.