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Showing Result for Tag #Price Hike
Search Result for Tag (4 Results)
Showing Result for Tag #Price Hike
Mumbai, 06 December, 2024: Mahindra & Mahindra, India's leading SUV manufacturer, announces a price increase for its SUV and CV range, effective January 2025. This adjustment is in response to the rising costs due to inflation and increased commodity prices.
Mahindra has made efforts to absorb as much of these additional costs as possible. However, a portion of this increase will need to be passed on to customers. The extent of the price increase across different SUVs and commercial vehicles will be upto 3%.
Mumbai, January 8, 2021: Mahindra & Mahindra Ltd. (M&M), part of the USD 19.4 billion Mahindra Group, today announced that effective January 8, 2021, the prices of its range of Personal and Commercial vehicles will increase by around 1.9%, resulting in an increase of Rs 4,500 - Rs 40,000, depending on the model and variant. In the case of All New Thar, the current price increase will be effective for all bookings done between December 1, 2020 and January 7, 2021.
Regulatory requirements for safety upgrades lead to the price hike, starting 1 July 2019
Mumbai, June 19, 2019: Mahindra & Mahindra Limited today announced that effective 1 July 2019, the price of its personal vehicles range will increase by up to Rs. 36,000. This price increase is due to the implementation of AIS 145 Safety Norms across all passenger vehicles in India.
Mumbai, March 28, 2019: Mahindra & Mahindra Ltd. (M&M), part of the USD 20.7 billion Mahindra Group, today announced that effective 1st April, 2019, the price of its range of personal and commercial vehicles will increase by 0.5 – 2.7%, resulting in an increase of Rs 5,000 – Rs 73,000, across its models.