Tata Motors to increase prices by up to 3% on commercial vehicles from January 1, 2024 

The price increase is to offset the residual impact of the past input costs, and will be applicable across the entire range of commercial vehicles.

Autocar Pro News Desk By Autocar Pro News Desk calendar 11 Dec 2023 Views icon4625 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Tata Motors to increase prices by up to 3% on commercial vehicles from January 1, 2024 

Tata Motors, India’s largest commercial vehicle manufacturer, has announced a price hike on its range of commercial vehicles, effective 1 January 2024. 

The CV maker has announced that it will increase the price of its commercial vehicles effective 1 January 2024, by up to 3%.

The price increase is to offset the residual impact of the past input costs, and will be applicable across the entire range of commercial vehicles. 

In FY2023, Tata Motors clocked wholesales of 413,539 units, comprising both domestic and export market sales, which was a 16%  year on year increase (FY2022: 35,6972 units). India market sales at 3,93,317 units were up 22% year on year. 

RELATED ARTICLES
Tork Motors on verge of closing funding round

auther Autocar Pro News Desk calendar15 Apr 2024

"We are also keeping in mind that we have to become profitable one day," Shelke said.

'EV makers must factor in delivering end-to-end solutions based on customer needs': Prasad Telikepalli of Matter

auther Autocar Pro News Desk calendar15 Apr 2024

The Co-founder and Group CTO also spoke about how EV conversations have shifted from just powertrain and energy to becom...

Hero MotoCorp begins deliveries of Mavrick 440

auther Autocar Pro News Desk calendar15 Apr 2024

The Mavrick is offered in three variants: base (Rs 1.99 lakh), mid (Rs 2.14 lakh), and top (Rs 2.24 lakh).