Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the USD 20.7 billion Mahindra Group, today announced that it plans to increase prices of its passenger vehicles by up to Rs. 30,000 or 2%. This will be effective August 2018.
Commenting on the price hike Rajan Wadhera, President – Automotive Sector, Mahindra & Mahindra Ltd. said,
With the ongoing increase in commodity prices we plan to take a price hike of up to 2% in some models.
Highlights
- Increase prices of its passenger vehicles by up to Rs. 30,000 or 2%.
- This will be effective August 2018.
