Tuesday, September 26, 2023

Tata Motors increases price of commercial vehicle segment from 1 July

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  • Tata Motors to raise the prices of its CV segment.
  • The percentage of the walk depends on the individual model and variant.
  • Reportedly, there could be a price increase of 1.5 to 2.5 percent.

Come from July 1th company cars Tata Motors Ltd will get expensive, as the company announced a price hike on Tuesday.

According to Tata Motors, there will be a price increase of 1.5-2.5 percent of its commercial vehicles from July 1.

The percentage of the walk depends on the individual model and variant.

“While the company is taking extensive steps to absorb a significant portion of the increased input costs, at various levels of production, the sharp increase in total input costs makes it necessary to pass on a remainder through a minimal price increase,” the company said. †

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