& Mahindra has announced a price hike of 2.5% on its range of vehicles.
This will result in an increase of Rs. 10,000 to Rs. 63,000 on the ex-showroom
prices across the range, depending upon the model and the variant. The price
hike will be effective from April 14, 2022.
price revision is result of continuous increase in prices of key commodities
such as steel, aluminium, palladium, etc. The company has taken necessary
initiatives to partially offset un-precedented hike in commodity prices to
absorb the impact, passing a minimal percentage of cost increase to customers
through a price revision. The company is working with its sales and dealer
network to communicate the new prices to their customers appropriately.
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