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Tata Motors to hike commercial vehicle prices by up to 2 per cent from April

The price increase is to offset the residual impact of the past input costs

Tata Motors, on Thursday, said it will increase prices of its commercial vehicles by up to 2 per cent from April 1, 2024.

The price increase is to offset the residual impact of the past input costs, the auto major said in a statement.

While the price increase will vary as per individual model and variant, it will be applicable across the entire range of commercial vehicles, it added.

Tata Motors is a leading manufacturer of commercial vehicles, including trucks and buses, in India.