Tata Motors to Raise Prices of Commercial Vehicle by Jan 2021
Tata Motors Increased prices to offset Increasing Input and distribution cost
Tata Motors has now announced that the company is going to increase the price of the entire heavy vehicle range in the Indian market. The prices are hiked by Jan 2021. Tata Motors said that the company will soon release the updated price list for the market.
The automaker further added that the prices are hiked because of the continuously increasing cost of material, Input cost, and distribution cost. There are some more factors like Forex and up-gradation of BS 6 emission norms in increasing the price of the entire range.
Image source:- Tata motors
Company officials said the prices will be varied according to the variant and fuel type. The prices are hiked to the whole commercial vehicle range. Tata motors have a big brand In India for producing Commercial vehicle. Tata is also very popular out of India in producing commercial vehicles.
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