Tata Motors to Hike Commercial Vehicles Price by up to 2 per cent from April 2025: After Maruti Suzuki, Tata Motors has announced to increase the prices of its vehicles. Indian vehicle manufacturer Tata Motors on Monday announced a price hike of up to 2% in its entire commercial vehicle range. The increased prices will be applicable from 1 April 2025. Prices will vary depending on the model and variants. The company has made this decision to manage the increasing expenditure on raw materials. It is being told that the ever increasing prices of raw materials are affecting the automotive industry around the world.
According to which the price of commercial vehicle will increase
Tata Motors on Monday announced an increase in the prices of all its commercial vehicles from 1 April 2025 to 2 per cent. In the information given to exchange filing, the company has said that this price hike is being done due to the expensive raw materials. This increase in the price of commercial vehicles of the company will vary depending on the model and variant. Let us know that Tata Motors is the largest commercial vehicle manufacturer in India.
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Maruti announced to increase the price before Tata
Earlier, Maruti Suzuki announced an increase in the prices of its vehicles on Monday. The country’s largest company has announced an increase in the price of its cars by 4 per cent with the beginning of the new financial year. A few hours later, Tata Motors announced to increase the price of commercial vehicles.
The company cited the rising input cost, operational cost and pressure pressure as the main factors behind this decision. The automotive industry is facing challenges such as rising cost of raw materials, rising logistics expenses and inflation rate, Maruti Suzuki said that efforts are being made to customize the cost and reduce the impact on consumers, but some of these increased expenses will need to be mandated to pass in the market.
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The price hike will vary depending on the specific model and variants, which reflects the scale of cost growth for each. The company emphasized its commitment to provide price to its customers while dealing with these financial pressures. As leading companies in the Indian motor vehicle sector, Tata Motors and Maruti Suzuki have taken this step at a time when the automotive industry has several challenges, including unstable issues of global supply chain and rising prices of goods.
