Tata Motors to hike commercial vehicle prices by up to 2 per cent from April

Tata Motors on March 7(Thursday) announced that it will increase prices of its commercial vehicles by up to 2 % from April 1, 2024.

The price hike is to balance out the residual effect of the past input costs, the auto major said in a statement.

While the price hike will be applicable as per individual model and variant and the increase in price is for across the all range of commercial vehicles, the statement further read.

Tata Motors Limited is a leading manufacturer of commercial vehicles, including vans, trucks, cars and buses, in India.

By Business Correspondent