Tata Motors has announced that its range of commercial vehicles will see a hike in price, effective July 1, 2024. Tata has said that its commercial vehicles will see an increase of up to 2 percent starting next month.
In an official release, Tata stated, “The price increase is to offset the impact of rising commodity prices. It will be applicable across the entire range of commercial vehicles and will vary as per individual model and variant.”
What is to note here is that the CVs are witnessing their third price hike for the year. The CV range saw a 3 percent increase at the beginning of the year, and followed by another 2 percent in April 2024.
