Leading automobile manufacturer Tata Motors Passenger Vehicles Limited (TMPV) has announced a 0.5% price hike across its passenger vehicle (ICE) portfolio, effective from April 1, 2026. The company stated that the price increase will vary across models and variants to offset the impact of rising input costs. This move follows a recent announcement of a price increase of up to 1.5% on its commercial vehicle range for the same reason.
Tata Motors Passenger Vehicles Ltd’s Managing Director and CEO, Shailesh Chandra, highlighted the challenges posed by higher input costs over the past year, necessitating the price adjustment. In February, Tata Motors Limited reported a significant 32% year-on-year increase in total sales for February 2026, with 42,940 vehicles sold in domestic and international markets compared to 32,533 units in February 2025.
The company witnessed robust growth in domestic sales, with a 32.8% increase to 40,893 units from 30,797 units in the same period last year. International sales also improved, showing a 17.9% rise to 2,047 units from 1,736 units year-on-year. The growth was primarily driven by strong performance in various truck and commercial vehicle segments.
Sales of heavy commercial vehicle (HCV) trucks surged by 37.1% to 13,559 units in February 2026, up from 9,892 units in the previous year. Intermediate, light, and medium commercial vehicle (ILMCV) trucks also saw a notable 34.1% increase, reaching 7,577 units compared to 5,652 units in February 2025. In January 2026, Tata Motors recorded a 47.1% year-on-year rise in total sales, including electric vehicles (EV), totaling 71,066 units in the domestic and international markets.
