Tata Motors to hike prices by 2.5 percent on commercial vehicles
Tata Motors will hike prices of its commercial vehicles range by 2-2.5 percent from April 1
The hike will be depending upon individual model and variant
The rapid increase in the prices of commodities has incited this price hike of commercial vehicles
In addition to higher costs of other raw materials , the cost of steel, aluminum and other precious metals has also increased
Mercedes-Benz India had said it would increase prices of the entire model range by up to 3 percent
The luxury automaker came to this decision in order to partially offset the impact of an increase in input costs