Mahindra & Mahindra to Hike Prices of Passenger, Commercial Vehicles from January 2024 – News18

Mahindra & Mahindra on Wednesday mentioned it can hike costs of its passenger and business car mannequin vary from January subsequent yr. This adjustment is in response to the rising prices due to inflation and elevated commodity costs, the corporate mentioned in an announcement.

The firm has made efforts to soak up as a lot of these further prices as attainable. However, a portion of this enhance will probably be handed on to prospects, it added. The extent of the value enhance will range throughout completely different SUVs and business automobiles, the automaker said.

(This story has not been edited by News18 workers and is printed from a syndicated information company feed – PTI)