Tag - Tata commercial vehicle price increase

Key highlights Tata Motors announces a price hike for its passenger and commercial vehicles starting April 2025. The increase aims to offset rising input and production costs across the automotive sector. The extent of the price hike will vary depending on the model and variant. Tata Motors has confirmed a price hike across its passenger and commercial vehicle range, effective from April 2025. This marks the second price adjustment by the company this year, following a similar move in January. The decision comes as the company grapples with rising input costs and inflationary pressures. Which Tata cars are affected? The price increase will apply to all passenger vehicles, including Tata's popular electric models such as the Nexon EV and Tiago EV. While the company has not disclosed the exact percentage for passenger vehicles, it has confirmed a 2% hike for its commercial vehicle lineup. The final increase will depend on the specific model and variant. Tata Motors has attributed the price adjustment to escalating costs of raw materials and production. The company stated that it is absorbing a significant portion of these costs to minimize the impact on customers. However, the remaining burden will be passed on through the revised pricing. Only Tata Motors affected? This announcement follows similar moves by other automakers, including Maruti Suzuki and Kia, who have also announced price hikes starting April. The automotive industry has been facing challenges such as fluctuating global supply chains and rising commodity prices, prompting manufacturers to revise their pricing strategies. Despite the price hike, Tata Motors remains committed to delivering value to its customers. The company continues to invest in new technologies and product launches, including the upcoming Harrier EV and Sierra EV. These models are expected to strengthen Tata's position in the Indian market. Also read: Maruti Suzuki to hike prices by upto 4% from April 2025