Tata Motors to increase commercial vehicle prices from July 1

Prameyanews English

Published By : Prameya News Bureau | June 28, 2022 4:44 PM

Chennai, June 28: Commercial vehicles of Tata Motors Ltd will turn costly from July 1 as the company announced a price hike on Tuesday. According to Tata Motors, there will be a price hike of 1.5-2.5 per cent of its commercial vehicles. The percentage of hike will depend upon the 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," the company said.

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