Tata Motors on Wednesday announced a price hike across its commercial vehicles, effective January 2021.

The steady rise in material and other input costs, impact of forex and transition to BS-VI norms, have cumulatively escalated the cost of manufacturing vehicles. Prices are expected to increase across the portfolio of small, medium heavy and light commercial vehicle and buses.

The actual change in price will depend on individual model, variant and fuel type.

Nissan India has also announced a price hike of up to 5 per cent across its models. The revised prices will be applicable across all available models for Nissan and Datsun, including the recently launched Nissan Magnite, effective January 2021.

The Magnite was launched at an introductory price of Rs 4.99 lakh. From January, however, the price will be revised to Rs 5.44 lakh onwards.

Nissan sells the Nissan Kicks and the G-TR under the Nissan brand. Under Datsun, it sells the Datsun redi-Go in 0.8 litre and 1 litre options, the Datsun Go and the Datsun Go+.

Piaggio scooter

Piaggio India on Wednesday launched its premium scooter Aprilia SXR 160 priced at Rs 1.26 lakh (ex-showroom Pune).