TATA WILL HIKE PRICES OF COMMERCIAL VEHICLES BY UP TO 2% FROM JULY 1
NEWS Desk Global
Tata Motors on Wednesday announced its decision to increase the prices of its commercial vehicle lineup by up to 2 per cent, which will come into effect from July 1, 2024 to offset the impact of rising commodity prices, according to Tata Motors statement. Tata Motors, a prominent player in the Indian automotive industry said the price hike will be applicable across the entire range of commercial vehicles and will vary as per individual model and variants.
The company announcement comes on the heels of a similar price increase that the company had implemented earlier this year, effective from April 1, 2024, to offset the residual impact of past input costs.
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