Tata Motors vehicles will become expensive from 1 July:CV prices will increase by up to 2.5% PVs by 1.5%

Tata Motors has announced a price increase of up to 2.5% on its commercial vehicles. The new rates will come into effect from July 1. This is the second price hike by the company in the current financial year 2026-27. The company stated that this step has to be taken to mitigate the impact of rising commodity prices and other input costs. This price increase will vary across different models and variants. New rates to be effective from July 1 Tata Motors said in a statement issued on June 18 that the new prices will be effective across its entire commercial vehicles portfolio from July 1. The company has not yet disclosed the model-wise price changes. Tata Motors sells small commercial vehicles, pick-up trucks, intermediate and heavy commercial vehicles as well as buses in India. Prices increased for the second time this year Tata Motors has increased prices for the second time this financial year for its commercial vehicles business. Earlier in April, the company had raised prices of its commercial vehicles by up to 1.5%, citing rising commodity prices and input costs. The company has primarily attributed the latest change to increased costs as well. This time’s increase of up to 2.5% is higher than the 1.5% hike done in April. Passenger vehicle prices will also increase A few days ago, Tata Motors had announced a price increase of up to 1.5% in its passenger vehicles portfolio. The new prices for passenger vehicles will also come into effect from July 1. The company had blamed rising input costs and inflationary pressure for this increase. This hike will apply to both the company’s Internal Combustion Engine (ICE) models and Electric Vehicles (EVs) being sold. What is input cost? The total cost that comes from combining the price of raw materials used in making any vehicle (such as steel, aluminum, plastic and rubber), labor wages and other factory expenses is called input cost. When these things become expensive in international or domestic markets, companies pass on some of this burden to customers.