Tata Motors to hike commercial vehicles' prices by around 2% from Oct 1

India's largest commercial vehicle manufacturer Tata Motors on Tuesday said it will increase the price of its commercial vehicle range by around 2% from October 1. The hike is to offset the impact of rising commodity costs, it added. "Continued rise in...cost of commodities...necessitates the company to pass on a part of it through increase in price of...products," it stated.