Mahindra increases prices of its Utility Vehicle range from Jan-1,2008

Mumbai: Mahindra & Mahindra (M&M), the leader in the UV segment in India, has announced a price hike for its utility vehicle range up to Rs. 10,000 per vehicle. This increase will come into effect from January 1, 2008. The hike in prices is due to the increase in the cost of raw material.