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VERIFIEDET Finance·neutral
Tata Motors weighs further car price hikes as commodity costs bite; increases to be gradual
AI Summary
- ·Tata Motors is considering additional price increases for its vehicles due to rising commodity costs impacting profitability.
- ·The company is currently absorbing some of these cost increases while implementing cost reduction strategies.
- ·Future price hikes will be gradual to mitigate any potential impact on customer demand.