Big Shock for Mahindra Customers

Mahindra & Mahindra (M&M) has announced a price hike for its vehicles due to rising raw material costs. The revised prices will come into effect from July 10, with SUV prices increasing by an average of 2.7% and commercial vehicle prices by an average of 2%.

The company said the price increase will vary depending on the model. Mahindra currently sells popular SUVs such as the Scorpio, Thar, XUV 3XO, and XUV 7XO, with prices ranging from ₹7.54 lakh to ₹25.07 lakh. Customers planning to buy these vehicles may have to pay the revised prices from Friday.