Tata Motors to hike commercial vehicle prices by up to 2 pc from April
Tata Motors, India’s largest commercial vehicle manufacturer, on Monday announced a price increase of up to 2 per cent across its commercial vehicle range.
Tata Motors, India’s largest commercial vehicle manufacturer, on Monday announced a price increase of up to 2 per cent across its commercial vehicle range.
In January, automobile retail sales in India rose 7 per cent year-on-year at 22,91,621 units, data from the dealers body Federation Of Automobile Dealers Associations (FADA) said.
According to the ratings agency, a 30 per cent decline in sales volume on an already weak base would lead to a nearly six-fold increase in net loss to Rs 6,000 crore for CV makers this fiscal.
