Tata Motors to increase prices of commercial vehicles from 1st April
Tata Motors, India’s largest commercial vehicle manufacturer, announced that it will increase the price of its commercial vehicles effective from 1st April 2024, up to 2%.
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New Delhi: The price increase is to offset the residual impact of the past input costs. While the price increase will vary as per individual model and variant, it will be applicable across the entire range of commercial vehicles.
About Tata Motors:
Part of the USD 128 billion Tata group, Tata Motors Limited a USD 42 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYBy focusing on engineering and tech-enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations.
The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies, and playing an active role in liaising with the Government of India in developing the policy framework. '
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With operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries.
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