Business

Tata Motors to increase CV prices from July 1

Tata Motors Ltd. has announced a price increase of 1.5-2.5% for its range of commercial vehicles (CVs) which will come into effect from 1 July.

“While the company takes extensive measures to absorb a significant portion of the increased input costs, at various levels of manufacturing, the steep rise in overall input costs makes it imperative to pass on a residual proportion via a minimised price hike,” the company said in a statement.


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Printable version | Aug 15, 2022 2:30:15 am | https://www.thehindu.com/business/tata-motors-to-increase-cv-prices-from-july-1/article65576373.ece