Explore Business Standard
Associate Sponsors
Co-sponsor
Tata Motors Passenger Vehicles on Sunday reported a 35 per cent growth in total sales to 63,331 units in February against 46,811 units in the same month of the last year. Domestic PV sales stood at 62,329 units last month as against 46,435 units in the year-ago period, a growth of 34 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing. PV sales in the international market stood at 1,002 units last month against 376 units in February 2025. Total sales of electric vehicles in the international and domestic market increased 57 per cent to 8,385 units from 5,343 units in February 2025, the company said.
Tata Motors Passenger Vehicles Ltd (TMPVL) will hike prices in the "coming weeks" in the wake of rising commodity cost putting pressure, according to its Managing Director & CEO, Shailesh Chandra. While Maruti Suzuki India is reviewing the situation for a possible price hike, Hyundai Motor India has already undertaken a price increase in January, mainly on the Venue model. "Yes, we have been facing pressure on the commodity side for nearly a year now. Still we see pressure on the precious metal side, copper and so on. Overall, if you see the impact of commodity price increase, it has been for us about 2 per cent plus of our revenues," Chandra said in a quarterly earnings call. He was responding to a query on whether the company was planning to hike prices of its vehicles due to rising cost of commodities. Reiterating that the company is going to increase prices, Chandra said,"We will be able to announce this in the coming weeks." He, however, did not elaborate the details of the