Tata Motors will raise the prices of its truck and bus portfolio by up to 2 per cent from January 1, 2025, to mitigate rising input costs. The price adjustment will vary across models and variants and applies to the entire commercial vehicle range. This move follows the company's recent decision to hike car and EV prices by up to 3 per cent.

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Declining stock performance and Q2FY25 results
Tata Motors shares have dropped 23 per cent over the past three months and are now down 32 per cent from their 52-week high. In Q2FY25, the company reported a 10 per cent year-on-year decline in net profit and a 4 per cent drop in sales, reflecting pressures in both domestic and international markets.

November sales performance
The company recorded marginal overall sales growth in November, with total sales at 74,753 units, up 0.8 per cent from 74,172 units in November last year. Domestic passenger vehicle sales, including EVs, grew by 2 per cent to 47,063 units, while total commercial vehicle sales declined by 1 per cent to 27,636 units.

Global presence and outlook
Tata Motors, part of the $165 billion Tata Group, operates in India, the UK, South Korea, Thailand, and Indonesia. Its vehicles are marketed globally across Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. Despite short-term challenges, the company continues to lead as India’s largest EV maker and the owner of Jaguar Land Rover (JLR).