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Mahindra announces price hike on Scorpio-N, Thar and XUV700: Check new variant-wise prices

The price adjustments on Mahindra & Mahindra's SUVs - Scorpio-N, Thar, and XUV700 - have been made in response to rising production costs. The XUV700 has seen the largest price increase, with certain variants experiencing hikes of up to ₹57,000.

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Mahindra Price Hike: Mahindra & Mahindra announces price hike for passenger, commercial vehicles in 2024, ET Auto

Mahindra Price Hike: The company, acknowledging the economic strain, has diligently attempted to absorb a substantial portion of the escalated costs. Nevertheless, in order to maintain financial viability and sustain operations, Mahindra & Mahindra will pass on a proportion of the increased expenses to consumers.

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Mahindra Hikes Prices Of XUV300, Scorpio, XUV500, Marazzo, And More


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Only the Thar, which got its price hiked in January, and the Alturas G4 have been spared the price increment this time round
 
The Bolero gets the smallest price increment in the lineup.
Rise in commodity prices and various other input costs are the reason behind the price increment.
Back in December 2020, Mahindra had announced that it would be hiking prices of its model lineup, due to a rise in commodity prices and various other input costs. And now, that increment has taken effect for most of its lineup aside from the Thar and Alturas G4. While the Thar had already received a price hike back in January, it could get another one soon. Here are the revised prices:

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M&M hikes prices of personal, commercial vehicles by 1.9 pc


Mahindra & Mahindra (M&M) on Friday announced hike in prices of its range of personal and commercial vehicles by around 1.9 per cent with immediate effect.
Mahindra & Mahindra (M&M), part of the USD 19.4 billion Mahindra Group, will raise the prices of range of personal and commercial vehicles by Rs 4,500 - Rs 40,000, depending on the model and variant, the Mumbai-based automaker said in a regulatory filing.
M&M said in the case of new Thar, the current price increase will be effective for all bookings done between December 1, 2020 and January 7, 2021.
All fresh bookings for the new Thar, effective January 8, 2021, will have prices as applicable on the date of delivery, the company added.

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Mahindra Increases Prices Of Vehicles By 1.9 Per Cent


Mahindra Increases Prices Of Vehicles By 1.9 Per Cent
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Highlights
Cost of vehicles will go up by Rs 4,500 - Rs 40,000.
Prices of the the Mahindra Thar have also increased.
Mahindra today announced that effective January 8, 2021, the prices of its range of passenger and commercial vehicles will increase by around 1.9 per cent. The hike in price will result in an increase in cost of vehicles in the range of Rs 4,500 - Rs 40,000, depending on the model and variant.
The hike in price will result in an increase in cost of vehicles in the range of Rs 4,500 - Rs 40,000.
Veejay Nakra, CEO - Automotive Division, Mahindra and Mahindra, said, "The price increase was necessitated due to unprecedented increase in commodity prices and various other input costs over the past many months. We have made all efforts to reduce our costs and deferred price increase for a significant duration, but due to the quantum of input cost increase, consequently we are taking this price increase effective January 8, 2021."

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Mahindra SUVs in India to get costlier from today


Mahindra SUVs in India to get costlier from today
Updated Jan 08, 2021 | 14:19 IST
Mahindra has decided to make its vehicles expensive in India, citing increased input costs. The price hike, which comes into effect from today, will make Mahindra SUVs costlier by up to ₹40,000
Mahindra SUVs in India to get costlier from today 
Mahindra had announced last year that it will implement a price hike across the entire range of SUVs in the country. This decision was taken by the company because of factors like increasing commodity prices and various other input costs. Mahindra & Mahindra has now announced that this price hike will come into effect from today i.e. 8 January 2021 and will make vehicles expensive by up to 1.9 per cent. What this means is that Mahindra SUVs in India will now get costlier by up to ₹40,000. Another thing to note is that the price hike will be applicable on Thar SUVs booked between 1 December, 2020 and 7 January, 2021. The company added that from today, all Thar models booked will have prices as applicable on the date of delivery. 

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