Tata Motors commercial vehicles price hiked by 2% from …

Tata Motors on Tuesday announced that the company is deciding to increase the prices of its commercial vehicles, which will range up to 2 % from January 2023, to balance the rise of input costs. The increasing price will vary according to the model and variant. Tata Motors stated, “While the price increase will vary as per individual model and variant, it will be applicable across the entire range of commercial vehicles. The company has been absorbing a significant portion of the increased costs, but the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike.”