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Mahindra & Mahindra has been planning to increases the prices of its vehicles by up to Rs 26,500 from January as it plans to partially offset rising input costs.
Pravin Shah, M&M Chief Executive (Auto Division) has said that “We plan to increase prices of our passenger and commercial vehicles in the range of 0.5 to 1.1 percent from next month. Prices of passenger vehicles would go up in the range of Rs 3,000 to Rs 26,500 depending upon the model.”
He added that the ex-showroom prices of its small commercial vehicles (up to 3.5 tonnes) would also increase in the range of Rs 1,500 to Rs 6,000 from January.
