Tata Motors to hike prices of commercial vehicles from 01 April

26 Mar 2022 , 01:33 AM

Tata Motors announced an impending price hike of its commercial vehicle range An increase in price in the range of 2-25Percentage will come into effect from 01 April 2022 across the range depending upon individual model and variant The increase in the prices of commodities such as steel aluminium and other precious metals in addition to higher costs of other raw materials has incited this price hike of commercial vehicles While the company has initiated actions to absorb a significant portion of the increased costs at various levels of manufacturing the steep rise in overall input costs makes it imperative to pass on some residual proportion via a minimized price hike