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.
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
TVS Motor Company Launches Apache RTR 310 in Morocco
The Indian two-wheeler manufacturer enters the Moroccan market with its flagship 310cc streetfighter, targeting a premiu...
JLR temporarily stops production at Solihull plant due to supplier constraints
The company noted that it is working closely with the supplier to resolve the issue as quickly as possible and minimise ...
Govt Extends PM E-Drive Subsidy for E2Ws Till July; E3W to Get Incentives Till 2028
The scheme will provide subsidies on electric two-wheelers at a reduced rate from April to July, while the subsidy for t...




By Autocar Professional Bureau
11 Dec 2023
7463 Views
Sarthak Mahajan

Kiran Murali