Tata Motors to hike commercial vehicle prices by up to 3% from January 1

Tata Motors said it will hike the prices of its commercial vehicles by up to 3 per cent from January 1, 2024, to offset the residual impact of the past input costs.

The new prices will be applicable across the range of commercial vehicles, Tata Motors said in a statement.

Passenger vehicle makers such as Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Honda and Audi have also announced plans to increase vehicle prices in January.

About Tata Motors

Part of the $128 billion Tata group, Tata Motors Limited is a USD 42 billion organisation, which is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks, and buses.

It offers an extensive range of integrated, smart, and e-mobility solutions.

With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market.