You Haven’t Seen This Tata Motor CV Price Hike
Tata motor cv hike
One of the major sources of TATA Motor is Commercial Vehicle, as a manufacturer of CV, they have officially announced the price of the hike from the range of 2.5%, will be implemented from 1st January 2022 and will be put into effect across segments – M&HCV, I&LCV, SCV and Bus, basis individual model and a variant of the vehicle.
The hike of pieces is due to the increases in commodity price changes such as steel, aluminum, and other precious metals, in addition to higher costs of other raw materials has incited this price hike in commercial vehicles.
Tata Motor is absorbing a significant portion of the increased costs at various levels of manufacturing, the steep rise in overall input costs makes it imperative to pass on some residual proportion via a minimal price hike.
About Tata Motor
Tata Motor is a part of TATA Group. It 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. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and amongst the top three in the passenger vehicles market
Tata motor is pioneering India’s Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by preparing a tailor-made product strategy, leveraging the synergy between the Group companies, and playing an active role with the Government in developing the policy framework.
Sources: Tata motor
