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Auto Maker Jaguar Land Rover India (JLR), and a wholly owned subsidiary of Tata Motors on Monday announced that “the company will increase the price of its selected models up to by 4 percent with effect from April 1.”
In a statement, Rohit Suri, President, and Managing Director, Jaguar Land Rover India, said: “The price in selected products is a purely inflationary and we are certain that Jaguar and Land Rover, the two global iconic brands will continue to attract our existing as well as new customers.”
However, the company did not make any comment on the models which are going to get affected by the price hike.
Recently, Toyota Kirloskar Motor (TKM) had also announced that it would increase prices of some of its products from next month to offset the rise in input cost.