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Even as Fitch ratings has warned a slow-down in India's commercial vehicle sales, Tata Motors has increased the price of all commercial vehicles by 3%&nbsp;

Tata Motors to hike commercial vehicle prices by 3%

Even as Fitch ratings has warned a slow-down in India's commercial vehicle sales, Tata Motors has increased the price of all commercial vehicles by 3% 

Even as Fitch ratings has warned a slow-down in India's commercial vehicle sales, Tata Motors has increased the price of all commercial vehicles by 3%&nbsp;

Indian automobile maker Tata Motors is set to hike the commercial vehicle prices by 3% which will be implemented from October 1.
The company in an exchange filing has said that the price increase is to offset the impact of the past input costs.&nbsp;
&ldquo;The price increase is to offset the residual impact of the past input costs, and will be applicable across the entire range of commercial vehicles,&rdquo; the company informed the stock exchange in a filing.&nbsp;
Also Read: <a href="https://www.editorji.com/business-news/indian-passenger-vehicle-sales-surge-9-in-august-driven-by-strong-demand-1694429012083">Indian passenger vehicle sales surge 9% in August driven by strong demand</a>
Earlier, the company had increased prices of commercial vehicles by up to 5% from April 1 this year. This comes even as Fitch ratings has said that India's commercial vehicle sales volume will slow down to low-to-mid-single digits due to rising ownership costs.
India has also implemented stricter norms through phase II of Bharat Stage 6 from April 1, including testing real-time driving emissions, leading to increased costs for automakers.

Tata Motors announces hike in commercial vehicles by 5% from April 1. The price increase comes in the wake of the implementation of the more stringent BS-VI phase II emission norms from next month

Tata Motors hikes prices of commercial vehicles by 5% from April 1st 

Tata Motors announces hike in commercial vehicles by 5% from April 1. The price increase comes in the wake of the implementation of the more stringent BS-VI phase II emission norms from next month

Tata Motors has announced a price hike of up to 5% for its commercial vehicles, which will be applicable from April 1. This hike has come in the wake of the implementation of the more stringent BS-VI phase II emission norms from next month.
"The decision to increase prices is a result of the company's efforts to comply with the more stringent BS6 Phase II emission norms," Tata Motors said in a statement. The automaker is upgrading its entire vehicle portfolio to conform to the stricter emission norms, which are set to come into force from April 1.
It also added that the price increase will be applied across the entire range of commercial vehicles, with the exact amount varying according to the individual model and variant.&nbsp;
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commercial vehicles

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