Tata Motors Ltd (TML) will be implementing a 2 per cent price increase of its commercial vehicles from January 1. The increase will be across its trucks and buses.

“The price increase is to offset the rise in input costs. While the price increase will vary as per individual model and variant, it will be applicable across the entire range of trucks and buses,” said Tata Motors in a statement.

Earlier, the company had announced a vehicle price increase on its passenger vehicles of up to 3 per cent.