Tata Motors Announces Price Hike For Commercial Vehicles, In Effect From July 1
Tata Motors has announced a price hike in its commercial vehicle range, starting from July 1, 2022. According to sources, the increase in price will be in the range of 1.5-2.5%, depending upon model and size of vehicle. The decision to hike prices came amid extensive measures to absorb a significant portion of the increased input costs in manufacturing. Furthermore, Tata Motors witnessed a steep rise in overall input costs.