Indian automaker Tata Motors said on Thursday it will increase prices of its commercial vehicles, including trucks and buses, by up to 2% from January. The company had previously said it would raise prices of its cars by 3% in January.

A price hike of up to 2% will be applicable on all variants and models of their trucks and buses portfolio though the price will differ depending on the model.

Tata Motors on Thursday said it will increase prices of its trucks and buses portfolio by up to 2 per cent effective January 1, 2025, citing rising input costs.

Tata Motors announces 2% price hike on trucks and buses to offset input cost increase, impacting stock performance.

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This marks Tata Motors' fourth price hike this year, reflecting the broader struggles faced by Indian automakers amid slowing demand after years of growth.

Tata Motors, a leading Indian automotive manufacturer, has announced a price increase of up to 2% for its commercial vehicle segment, effective from January 1st, 2025. This strategic decision comes amid ongoing challenges in the automotive industry,