Mahindra to increase price of passenger and commercial vehicles from January 1 Mahindra to increase price of passenger and commercial vehicles from January 1 The PV and CV portfolios of Mahindra and Mahindra include the Thar, Scorpio, Bolero, XUV300, Treo Zor, Alfa Load, Jeeto, Supro Van, Supro Maxi Truck, Blazo Haulage, Blazo Tipper and Cruzio. advertisement The new Mahindra Thar was launched in India on October 2, 2020. HIGHLIGHTS It will be applicable across all the PV and CV models. The company has not specified the model-wise price hike yet. Mahindra and Mahindra today announced that it will increase the price of its passenger vehicles (PVs) and commercial vehicles (CVs) from January 1, 2021.