Tata Motors CV prices to increase up to 2% from January 2023
Company cited "steep increases in input costs" as the reason for the price increase.
Commercial vehicle major, Tata Motors will be increasing the prices of its CV range up to 2 percent from January 2023. The price increase will vary based on the model and variant, but will apply to all commercial vehicles.
The company said in a statement that the reason for the price hike was because of the “steep rise in overall input costs”.
Earlier in November, the company hiked the prices of its PV portfolio for the fourth time in 2022, citing “steep rise in overall input costs” as the reason as well. PV range price hike has been around 3.45% – 0.9% on January 18, 1.1% on April 23, 0.55% on July 9 and 0.9% on November 7.
RELATED ARTICLES
Tenneco Clean Air India Posts Strong Q3 FY2026 Results on New Wins and Expansion
The automotive components manufacturer posted a 14.7% rise in value-added revenue and 24.8% EBITDA growth year-on-year, ...
TVS Motor Returns to Rann Utsav, Expanding Motorcycling-Led Tourism Push
TVS Motor Company marked its second year at Rann Utsav in Gujarat, bringing over 100 riders from across India and abroad...
Fixing Service Gaps To Improve Sales, No Product Issues: Ola’s Bhavish Aggarwal
The automaker's declining volumes and sharp Q3 revenue drop pushed its automotive business back into an EBITDA loss afte...




By Autocar Professional Bureau
13 Dec 2022
5011 Views
Sarthak Mahajan

Kiran Murali