Mahindra to hike vehicle prices from January 2025
Mahindra & Mahindra has announced a price increase across its SUV and commercial vehicle (CV) range, effective January 2025.
The adjustment is in response to the rising costs due to inflation and increased commodity prices, Mahindra & Mahindra (M&M) said in a statement.
The company’s SUV lineup includes the Bolero, Bolero Neo, XUV 3XO, Thar, Thar Roxx, Scorpio Classic, Scorpio-N, XUV700, XUV400 (EV), BE 6e (EV) and XEV 9e (EV).
In an official statement, Mahindra said that it has made efforts to absorb as much of the additional costs, arising from inflation and increased commodity prices, as possible. “However, a portion of this increase will need to be passed on to customers,” it added.
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