Starting January 2025, Tata Motors and Ashok Leyland to hike commercial vehicle prices by up to 3%.

Tata Motors, a leading automaker in India, has announced a price hike of up to 2% on its commercial vehicles, effective from January 1, 2025. The increase is due to the continuous rise in input costs, which the company claims will affect its profitability. The price hike will vary depending on the specific model and variant of the commercial vehicles offered by Tata Motors. This move is part of a broader trend, as several other companies in the Indian automotive industry have announced similar price hikes, including Ashok Leyland, Hyundai Motor India, Maruti Suzuki India, Mahindra & Mahindra, JSW MG Motor, Audi, Mercedes-Benz, and BMW. Ashok Leyland, another major automaker, has also announced a price hike of up to 3% on its commercial vehicles, effective from January 1, 2025, citing inflation and high commodity prices as the reason.