Tata Motors said on June 19 it will increase prices of its commercial vehicles by up to 2 percent, effective July 1.
Tata Motors, India’s largest commercial vehicle (CV) manufacturer, announced a price increase of commercial vehicles by up to 2 per cent, effective July 1.
The prices were hiked to offset the impact of rising commodity prices, the carmaker said in a stock regulatory filing on June 19.
The price adjustment will affect the entire spectrum of commercial vehicles offered by Tata Motors, with specific increases varying depending on the model and variant.
Tata Motors is one of India’s largest manufacturers of trucks and buses, with a global presence.
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