Tata Motors is looking to increase passenger vehicle prices from next month in order to make its model range compliant with stricter emission norms which kick in from April 1 next year, according to a top company official. In an interaction with PTI, Tata Motors Managing Director - Passenger Vehicle and Electric Vehicles Shailesh Chandra said the price revision would also offset the impact of commodity prices, which have remained high for the most part of the year. "The regulatory change will have its impact on the cost. Even the real impact of softening of commodity prices is only going to come from next quarter and we still have the residual impact of the commodity escalation that we have seen during the year," Chandra said.
"The role is not very different to what I have done before (in sports administration). I want to thank to all the former cricketers who voted for me. We are yet to meet with the board officials but we will definitely work for smooth coordination between the ICA and the BCCI," Vengsarkar told PTI.
Only five of India's top 20 car models have seen a reduction in wait times over the past year.
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