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TTM - Tata Motors to increase prices of its commercial vehicles
Tata Motors Ltd Limited
The effective price hike, in the range of 2.5%, will be implemented basis the model and the variant of the vehicle. The move is effective January 1, 2022. The increase in the prices of commodities such as steel, aluminium and other precious metals, in addition to higher costs of other raw materials has incited this price hike commercial vehicles. Tata Motors (NYSE:TTM)