Tag - Mahindra commercial vehicle price adjustment

Key Highlights Mahindra announces a price hike of up to 3% across its SUV and commercial vehicle lineup, effective April 2025. The increase is attributed to rising input costs and escalating commodity prices. This marks Mahindra's second price adjustment in 2025, following a hike earlier in January. Mahindra & Mahindra, one of India's leading automobile manufacturers, has joined the growing list of automakers announcing price hikes for the upcoming financial year. The company has confirmed a price increase of up to 3% across its SUV and commercial vehicle (CV) range, effective from April 2025. This adjustment comes as Mahindra grapples with rising input costs, higher commodity prices, and inflationary pressures. What Mahindra products are getting expensive? The price hike will impact Mahindra's diverse portfolio, including popular models like the Thar, Scorpio-N, XUV700, and Bolero. The extent of the increase will vary depending on the specific model and variant. Mahindra has assured customers that it is absorbing a significant portion of the cost escalation to minimize the impact on buyers. Mahindra's electric vehicle lineup, including the BE 6 and XEV 9e, will also be affected by the price hike. These models have garnered significant attention in the Indian market, with the BE 6 offering a range of up to 682 km and the XEV 9e achieving 656 km on a single charge. Despite the price increase, Mahindra remains committed to delivering value and cutting-edge technology to its customers. Second Mahindra price hike this year This marks Mahindra's second price adjustment in 2025, following a similar hike earlier in January. The company has stated that the decision is necessary to maintain quality and innovation while navigating the challenges posed by supply chain disruptions and fluctuating raw material costs. The announcement comes at a time when several other automakers, including Maruti Suzuki, Hyundai, Tata Motors, and Kia, have also declared price hikes starting April. This trend highlights the broader challenges faced by the automotive industry as manufacturers strive to balance rising costs with customer satisfaction. Our thoughts Mahindra's decision to increase prices is a reflection of the tough times faced by the automotive industry. While no one likes a price hike, it's hard to ignore the challenges posed by inflation and rising input costs. Personally, I think Mahindra's diverse lineup and strong brand reputation will help it weather this storm. Also read: Mahindra XUV700 Ebony limited edition launched