Tata car price from April 2011 ; Maruti, Hyundai may follow suit

Tata  car price  from April 2011 ; Maruti, Hyundai may follow suit

The companies said they are facing intense pressure on their margins and bottomline due to rising input costs.

The Vista and Indigo CS will be costlier by Rs 8,000 to Rs 11,000. While the Vista is currently Tata Motors said it will hike prices of its passenger vehicles by up to Rs 36,000 from April 1, while rivals Maruti Suzuki India and Hyundai are also mulling a similar move in order to offset rising input costs.

"Despite continuous cost control initiatives, the company is being forced to take these increases on account of steep rise in input costs," Tata Motors said.

Under the revised price, the hatchback Indica will be costlier by Rs 7,000-9,000. At present it is available at a price range of

Rs 3.94 lakh and Rs 4.77 lakh.

 priced between Rs 3.77 lakh and Rs 5.84 lakh, Indigo CS sedan is available for Rs 4.29 lakh to Rs 5.33 lakh.

From April 1, the company's sedan Manza will by dearer by Rs 10,000 to Rs 15,000. At present it costs between Rs 5.9 lakh and Rs 7.51 lakh.

The Nano price will, however, not be revised. In the utility vehicles segment, Tata Motos said depending upon the model, Sumo prices will go up by Rs 13,000-15,000. The vehicle is available for Rs 4.95 lakh to Rs 7.62 lakh currently.

The Grande, which is priced between Rs 5.80 and Rs 7.79 lakh at present, will become costlier by Rs 16,000 to Rs 19,000. The Safari will be dearer by Rs 18,000 to Rs 29,000. It is available at a range of Rs 7.86 lakh to Rs 11.41 lakh.