The new budget has made Tata Motors to hike prices- due to increase in excise duties to 10%. This may see the hike in Tata Motors – Rs60000-Rs70000 in heavy vehicles and Rs5000-Rs6000 in smaller vehicles, said its MD for Operations. The company has the practice of passing over the fiscal variations on to the customers, he said. The increase in price of vehicles is furthered by hike in commodity prices too, he added.