Vehicle producer Mahindra & Mahindra on Friday introduced a worth enhance of as much as 3 per cent on its SUV and industrial car (CV) vary, efficient from April 2025. The corporate, in a launch, cited rising enter prices and elevated commodity costs as the first causes for this worth hike, together with different contributing elements.
In line with the corporate, the extent of the value enhance will differ relying on the particular mannequin in Mahindra’s SUV and CV lineup.
The choice comes as a part of Mahindra’s ongoing efforts to navigate the challenges posed by inflationary pressures and the rising price of uncooked supplies, which have affected the complete automotive business.
This transfer comes as automakers throughout the business face inflationary pressures, provide chain disruptions, and fluctuating uncooked materials prices.
Main vehicle gamers have introduced worth rise citing rising enter prices. The hike by Hyundai Motors, Tata Motors, Honda and Maruti Suzuki may even come into impact in April.
Maruti Suzuki, India’s largest automobile producer, has introduced a worth hike of as much as 4 per cent on its automobiles, efficient April 2025.
Based in 1945, the Mahindra Group is a diversified firm with a workforce of two,60,000 workers unfold throughout greater than 100 nations.
Famend for its management in numerous sectors, Mahindra is a dominant participant in farm tools, utility automobiles, info expertise, and monetary companies in India. Additionally it is acknowledged because the world’s largest tractor firm by quantity.
