Tata Nexon Prices Revised: Up to Rs. 20,000 Increase in February 2024

Key Highlights

• Tata Nexon prices increased up to Rs. 20,000 in February 2024.
• Best-selling sub 4m SUV with 15K+ units sold in December 2023.
• Diverse variants across powertrains, featuring Smart, Pure, Creative, and Fearless trims.
• Dual-tone paint scheme variants get a higher increase of Rs. 20,000.
• Unchanged features, technology, and safety aspects.
• Nexon equipped with 1.2L turbo petrol and 1.5L turbo diesel engines.
• Showcased Nexon i-CNG concept at Bharat Mobility Expo 2024.

Tata Motors, a prominent player in the sub 4m SUV segment, has announced a price hike for its best-selling Nexon model by up to Rs. 20,000. Despite facing tough competition, the Nexon has emerged as one of India's top-selling and safest vehicles. In a strategic move, Tata Motors aims to maintain its success momentum with the Nexon and Punch models.

Tata Motors has been enjoying remarkable success in the sub 4m segment, largely driven by the popularity of the Nexon and Punch models. Among them, the Nexon has been a standout performer, with over 15,000 units sold in December 2023, securing its position as India's best-selling car. Capitalizing on this success, Tata Motors has decided to implement a marginal price increment for the Nexon in February 2024.

The Tata Nexon lineup boasts an extensive range of variants, each catering to specific preferences under the Smart, Pure, Creative, and Fearless main trim levels. These personas further branch into various sub-trims, offering a diverse array of features and equipment. The February 2024 price revision sees an increase of up to Rs. 20,000 across all powertrain configurations.

• The base Smart Petrol MT variant, equipped with a 5-speed gearbox, now starts from Rs. 8.15 lakh (ex-showroom).
• Notably, the introductory offer, which previously priced the Nexon from Rs. 8.09 lakh (ex-showroom), has been revised, resulting in a base variant increment of nearly Rs. 6,000.

Variant-wise Price Changes

While the base variant witnesses a moderate increase, a consistent pattern emerges for the rest of the lineup, with a uniform price hike of Rs. 10,000. The dual-tone paint scheme variants, however, experience a more substantial revision, with a price increase of Rs. 20,000. The revised prices now range as follows:

Unchanged Features and Technology

Despite the price revision, Tata Nexon retains its impressive array of features, equipment, and technological advancements. Powertrains, safety features, and other specifications remain unchanged. Tata Nexon continues to stand out as a feature-packed option in its segment.

While the revised pricing may position the Nexon slightly higher than its immediate rivals, it still offers the most extensive list of features and equipment among its competitors. The Nexon comes with two engine options – a 1.2L 3-cylinder turbo petrol engine and a 1.5L 4-cylinder turbo diesel engine, paired with various transmission options.

Tata Motors recently showcased the Nexon i-CNG concept at Bharat Mobility Expo 2024, signaling the brand's commitment to innovation. Despite facing upcoming competition, including a facelift for the Mahindra XUV300, the Nexon remains a strong contender against rivals like Maruti Suzuki Brezza, Hyundai Venue, Kia Sonet, Nissan Magnite, and Renault Kiger.

Also Read: Kia’s Most Popular Model Seltos Crosses 1 Lakh+ Booking Milestone

Verdict

In a strategic move, Tata Motors has increased Nexon prices by up to Rs. 20,000 starting February 2024. The versatile sub 4m SUV retains its best-selling status, offering a plethora of features. Positioned against competitors, the Nexon remains a compelling choice for Indian consumers seeking safety, innovation, and performance in their vehicles.