Auto News Desk ★Mahindra & Mahindra has announced a price hike for its vehicles, effective January 1, 2025. The increase will affect both SUVs and commercial vehicles, with prices rising by up to 3%. The company cites rising inflation and increased production costs as contributing factors. Mahindra will absorb most of the cost increase, passing only a fraction onto consumers.
Impacted Models
Models like the XUV300 and XUV700 will see a price increase. Current prices range from:
- XUV300: ₹7.8 lakh to ₹15.5 lakh
- Bolero: ₹9.8 lakh to ₹10.91 lakh
- Thar: ₹11.35 lakh to ₹17.60 lakh
- XUV700: ₹14 lakh to ₹25.64 lakh
Final Opportunity
Customers interested in purchasing a Mahindra vehicle should consider booking before December 2024 to lock in current prices. The company has not disclosed details regarding new electric models, but the BE 6E and XEV 9E are expected to be exempt from the price increase.
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Summary at glance
Mahindra & Mahindra has announced a price increase of up to 3% for its SUVs and commercial vehicles, effective January 1, 2025, due to rising inflation and costs. The price hike will affect popular models like the XUV300, Bolero, and XUV700. Customers are encouraged to purchase before the increase takes effect, as Mahindra will absorb most of the cost increase. Current vehicle prices are available, while new electric models may remain unaffected by the hike.
Superfast News Coverage by DelhiBreakings.com team.
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