HYDERABAD/ MUMBAI, JUNE 19 :  Part of the USD 150 billion Tata group, Tata Motors on Wednesday announced that it will increase the price of its commercial vehicles by 2 percent from July 1.

The price increase is to offset the impact of rising commodity prices, the company said in a release.

It will be applicable across the entire range of commercial vehicles, and will vary as per individual model and variant.

Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market. (UNI)