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Tata Motors Hikes Prices Of Commercial Vehicles

The price hike by Tata Motors on its commercial vehicles reflects the ongoing challenges faced by the automotive sector, where rising costs necessitate periodic adjustments to maintain profitability

Pratiksha Thayil

Tata Motors has confirmed a 2% price increase for its commercial vehicles, set to commence on April 1, 2025, as part of broader industry trends where companies like Maruti Suzuki and Hyundai have also raised prices to offset escalating input costs and operational expenses.  (Photo source: Usha Kunji/NDTV Profit)

Tata Motors Ltd. said on Monday that it has hiked prices of its commercial vehicles by 2%. The price hike is to take effect from April 1.

The price hike will be applicable to the entire range of commercial vehicles and will vary depending on the individual model and variant, the company said in an exchange filing.

The company has increased the price to offset the rise in input costs.

This comes after Maruti Suzuki India Ltd. has effected its third price hike in three months amid moderating sales in the world's third largest car market.

The shares of Tata Motors closed 0.71% higher at Rs 655.50 apiece. This comes after the shares rose over 1.67% to Rs 666.45 per share.

(This is a developing story.)

Also Read: Maruti Suzuki Effects Third Price Hike This Year To Offset Rising Input Costs

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WRITTEN BY
Pratiksha Thayil
Pratiksha covers markets and business news at NDTV Profit. She has a keen i... more
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