Tata Motors raises commercial vehicle prices after hiking passenger vehicle rates

will raise prices of its commercial vehicles by up to 2.5% from July 1, the company said on Thursday, days after announcing a price increase of up to 1.5% for its passenger vehicle portfolio, as the automaker seeks to offset rising .

The , which will vary across models and variants, is aimed at partially mitigating higher commodity prices and other input costs, Tata Motors said in a statement. Last week, Tata Motors Passenger Vehicles said it would raise prices of its internal combustion engine and electric vehicle range by up to 1.5%, also effective July 1, citing sustained increases in input costs.

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The latest move extends the price hikes across Tata Motors’ domestic vehicle portfolio and comes as automakers continue to grapple with elevated , prompting manufacturers to pass on part of the burden to consumers.

Earlier this year, rival automaker said it would raise vehicle prices by ⁠up to Rs 30,000 from June, while Hyundai Motor India increased prices from June 1.