Monday, March 17, 2025
News

Tata Motors to hike commercial vehicle prices by up to 2% from April 2025

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai (Maharashtra) | March 17, 2025 4:43:06 PM IST
Tata Motors, India's largest commercial vehicle manufacturer, has announced a price increase of up to 2 per cent across its commercial vehicle lineup, effective April 1, 2025.

The company cited rising input costs as the primary reason for the hike, which will vary depending on the model and variant.

In an exchange filing, Tata Motors emphasised its commitment to providing cutting-edge mobility solutions while addressing the impact of increasing production expenses.

The price revision is expected to have an impact on fleet operators and logistics businesses, which rely heavily on Tata Motors' commercial vehicles.

However, industry analysts suggest that despite the price increase, the company's strong brand value and extensive service network will help maintain its market dominance.

The company has been at the forefront of India's automotive sector, consistently innovating in commercial and passenger vehicle segments.

A key player in the Indian automobile industry, Tata Motors is part of the USD 165 billion Tata Group and reported revenues of USD 44 billion. The company is renowned for its diverse portfolio, which includes cars, utility vehicles, pick-ups, trucks, and buses.

Tata Motors has established itself as a market leader in India's commercial vehicle segment and holds a strong position among the top three manufacturers in the passenger vehicle category.

The company operates advanced research and development centres in India, the UK, the US, Italy, and South Korea, focusing on engineering and technology-driven automotive solutions.

With an emphasis on sustainability, Tata Motors is leading India's transition to electric mobility, developing innovative products and collaborating with government agencies to shape policies supporting green transportation. Its global presence extends across Africa, the Middle East, Latin America, Southeast Asia, and SAARC nations.

As of March 31, 2024, Tata Motors had 90 consolidated subsidiaries, two joint operations, five joint ventures, and several equity-accounted associates. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Mahindra & Mahindra launches XUV700 Ebon...
President Murmu meets officer trainees o...
UP CM Yogi Adityanath pays tribute to fo...
Bihar: Three personnel suspended in Mung...
'Kab tutegi Aurangzeb ki kabr?': BJP MLA...
'CM should clarify' Tejashwi Yadav amid ...
More...    
 
 Top Stories
Nexteer Launches Rear-Wheel Steerin... 
V.L. Infraprojects secures Rs26.37 ... 
Metropolis Foundation Empowers 353 ... 
"Dragon-elephant dance," says China... 
Andhra SIT finds Rs 4,000 cr allege... 
"Revanth Reddy is a habitual offend... 
Lok Sabha Speaker to inaugurate ori... 
Shivraj Singh Chauhan discusses wit...