HomeCommercial VehiclesBusTata Motors to hike prices of Commercial Vehicles from April 1

Tata Motors to hike prices of Commercial Vehicles from April 1

- Advertisement -

Tata Motors, India’s largest commercial vehicle manufacturer, has today announced an impending price hike of its commercial vehicle range. An increase in price in the range of 2-2.5%, will come into effect from 1st April 2022 across the range, depending upon individual model and variant.

“The increase in the prices of commodities such as steel, aluminium and other precious metals, in addition to higher costs of other raw materials, has incited this price hike of commercial vehicles. While the company has initiated actions to absorb a significant portion of the increased costs, at various levels of manufacturing, the steep rise in overall input costs makes it imperative to pass on some residual proportion via a minimized price hike.” the statement said.

- Advertisement -

Related Posts

Upcoming Tata Avinya to be based on JLR’s EMA platform

Tata Passenger Electric Mobility Ltd (TPEM) and Jaguar Land Rover Plc (JLR), both 100% subsidiaries of Tata Motors Limited (TML), have entered into a...

Tata Motors delivers 400 Starbus EVs to Delhi Transport Corporation (DTC)

Tata Motors, India’s largest commercial vehicle manufacturer, has supplied 400 state-of-the art Starbus EV buses to the Delhi Transport Corporation (DTC), via its subsidiary...

Tata Motors Partners with Kendriya Police Kalyan Bhandar to offer its Passenger Electric Vehicles

With the festivities of the Independence Day inching closer,Tata Motors, one of India’s largest automotive manufacturers, is proud to become the first EV manufacturer...

Bengaluru’s BMTC gets its First Tata smart electric prototype bus

The citizens of Bengaluru will now have smarter, safer and a greener public transportation. A prototype of the Tata Motors’ smart electric bus was...