Tata Motors announces increase in prices of commercial vehicles

28 Jun 2022 , 04:16 PM

Tata Motors has announced an impending price hike of its commercial vehicle range. An increase in price in the range of 1.5-2.5%, will come into effect from 1 July 2022 across the range, depending upon individual model and variant. While the company takes extensive measures to absorb a significant portion of the increased input costs, at various levels of manufacturing, the steep rise in overall input costs makes it imperative to pass on a residual proportion via a minimised price hike. Powered by Capital Market – Live News