Tata Motors to Raise Commercial Vehicle Prices by Up to 1.5% from April

Tata Motors announced a price increase of up to 1.5% on its commercial vehicle range effective April 1, aiming to partly offset rising commodity and input costs. The hike varies by model and variant. The company has faced sustained pressure from higher prices of precious metals and copper for nearly a year, impacting its cost structure. Tata Motors is a leading manufacturer of utility vehicles, trucks, and buses in India.