Mumbai, December 15, 2017
Mahindra and Mahindra Ltd, India’s leading SUV manufacturer, today announced that it plans to increase prices of its passenger and commercial vehicles by up to three per cent. This will be effective from January 1, 2018.
Commenting on the price hike Rajan Wadhera, President - Automotive Sector, Mahindra and Mahindra Ltd said, “We have been holding back on price hikes and absorbing the higher input costs for a while, but with the increase in commodity prices we will have to take a price increase.”