M&M to increase prices of vehicles by up to 3%

MUMBAI

Mahindra & Mahindra Ltd. (M&M) has announced to increase prices of its SUV and CV range by up to 3%, effective January. This adjustment is in response to the rising costs due to inflation and increased commodity prices, the company said..

“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%,” it added