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.

Autocar Pro News Desk By Autocar Pro News Desk calendar 13 Dec 2022 Views icon3373 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

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.

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