Mahindra to hike prices by up to 2% from August 2018

July 30, 2018, Mumbai: 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.”