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Mahindra to hike prices by up to 3% from January 2018

Parichay Malvankar
Written by Parichay Malvankar

Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer,
today announced that it plans to increase prices of its passenger and commercial vehicles by up to 3%. This
will be effective 1 st January 2018.

Commenting on the price hike Rajan Wadhera, President – Automotive Sector, Mahindra & Mahindra
Ltd. said, “We have been holding back on price hikes and absorbing the higher input costs for a while,
but with the increase in commodity prices we will have to take a price increase.”