The price improve will fluctuate as per particular person mannequin and variant.
| Photo Credit: The Hindu
Tata Motors has introduced that it’s going to improve the price of its commercial vehicles efficient from April 1, as much as 2%.
“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,” the corporate mentioned in an announcement.
Tata Motors just lately introduced the demerger of its commercial- and passenger automobile segments into two separate listed entities to higher capitalise on progress alternatives.
“The commercial vehicles business and its related investments would be housed in one entity and its passenger vehicle business, including electric vehicles, Jaguar Land Rover (JLR) and its related investments, would be part of the second entity,” the auto main mentioned in a regulatory submitting.
