After Maruti Suzuki and Hyundai, now Mahindra & Mahindra has also announced to increase the prices of its vehicles. The company will increase the prices of the entire range of sports utility vehicles (SUV) and commercial vehicles (CV) in its portfolio by up to 3%.
Mahindra & Mahindra said in an exchange filing on December 6 that the increased rates on vehicles will come into effect from the beginning of January 2025. The company has taken this decision due to rising costs due to inflation and rise in commodity prices.
Mercedes Benz, BMW and Audi cars will also be expensive Earlier, other automobile companies like Maruti Suzuki, Hyundai Motor India, Mercedes Benz, BMW and Audi have also announced to increase the prices of their vehicles from January 2025. All companies have given the same reason for raising prices. Companies have taken this decision due to the increase in input cost and logistics.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).
