Commercial vehicles from Tata Motors will cost a lot more starting on April 1st due to price increases
Tata Motors has declared that, as of April 1, 2024, the prices of its commercial vehicles will increase. The company claims that the reason for this increase is the cost of inputs. The company stated that even though the price increase will differ depending on the model and variant, it will be the same for the whole commercial vehicle lineup.
Tata Motors, the biggest producer of commercial vehicles in India, has declared that it will increase the price of its vehicles starting on April 1, 2024. Beginning in April, the company will add two per cent to the price of all commercial vehicles.
The company has said that this increase has been done due to input costs. The company said that although the price increase will vary from model to model and variant, it will apply to the entire range of commercial vehicles. Due to continuously increasing raw material prices, the cost price is also increasing.
In addition to being the biggest company in India for commercial vehicles, Tata Motors ranks third for passenger cars. Tata Motors aims to introduce innovative products that captivate the interest of GenNext consumers, fueled by cutting-edge design and research and development facilities situated in South Korea, Italy, the US, the UK, and India.
