The price increase is to offset the impact of rising commodity prices. It will be applicable across the entire range of commercial vehicles, and will vary as per individual model and variant, the company noted.
Tata Motors announced that it will increase the price of its commercial vehicles, effective 1 July 2024, up to 2%.
The price increase is to offset the impact of rising commodity prices. It will be applicable across the entire range of commercial vehicles, and will vary as per individual model and variant, the company noted.
Tata Motors is India’s largest commercial vehicle (CV) maker. Tata Motors, headquartered in Mumbai, seeks to capitalise on the anticipated growth in the Indian CV market, driven by rising infrastructure spending and a revival in key sectors like construction, mining, and logistics, Girish Wagh, Executive Director had said earlier during an analyst call.