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Mahindra hints at hiking vehicle prices in Q1 next fiscal SECTIONS Last Updated: Feb 05, 2021, 08:33 PM IST Share Synopsis We have just taken some price increase in January and unless things come under control we would probably be taking one again in Q1 of the next financial year, Mahindra & Mahindra (M&M) Executive Director Automotive & Farm Sectors Rajesh Jejurikar told reporters in a virtual post-earning press conference. Reuters That team was not going to be doing the development work that was at the concept stage. So, it is really around that and has nothing to do with the tractor business, he added. ....
Mahindra & Mahindra Ltd on Friday hinted at a possible price hike of its range of vehicles in the next few months due to rising commodity prices. The company, which was recently reported to have cut jobs in its North American operations, is likely to reduce it further even as it prepares to launch its off-roader vehicle Roxor. We have just taken some price increase in January and unless things come under control we would probably be taking one again in Q1 of the next financial year, Mahindra & Mahindra (M&M) Executive Director Automotive & Farm Sectors Rajesh Jejurikar told reporters in a virtual post-earning press conference. ....