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Tata Motors to Increase Prices of its Commercial Vehicles from July 2022
Tata Motors has announced an impending price hike of its commercial vehicle range.
Tata Motors to Increase Prices of its Commercial Vehicles by 1.5-2.5 per cent
An increase in price in the range of 1.5-2.5 per cent, will come into effect from 1st July 2022 across the range, depending upon individual model and variant.
While the company takes extensive measures to absorb a significant portion of the increased input costs, at various levels of manufacturing, the steep rise in overall input costs makes it imperative to pass on a residual proportion via a minimised price hike.