The company will increase prices depending on individual model and variant
New Delhi: Tata Motors on Monday said it will increase prices of its commercial vehicle range by up to 2 per cent from April in order to partially offset the impact of rising input costs.
The prices of the company’s commercial vehicle range will increase by up to 2 per cent from April 1, 2025, Tata Motors said in a regulatory filing.
The price increase is to offset the rise in input costs, and will vary as per individual model and variant, it added.
Part of the USD 165 billion Tata group, Tata Motors is a USD 44 billion organisation. It manufactures cars, utility vehicles, trucks, and buses.
Shares of Tata Motors on Monday ended 0.84 per cent up at Rs 660.90 apiece on BSE.
Maruti Suzuki India on Monday said it will hike vehicle prices by up to 4 per cent from April to offset the impact of rising input costs.
In light of rising input costs and operational expenses, the company has planned to increase the prices of its cars from April, the country’s largest carmaker said in a regulatory filing.
The price increase is expected to be up to 4 per cent and will vary depending on the model, it added.
