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HomeAutoEffect of inflation! Mahindra hikes prices of its cars by up...

Effect of inflation! Mahindra hikes prices of its cars by up to Rs 63,000, see details

New Delhi.
Mahindra Vehicles Car Price Hike In April 2022:
Inflation is at its peak in the country and in such a situation, car companies have also left no stone unturned to give a jolt to the people. This month, many popular car companies have significantly increased the prices of all their models. Now another indigenous automobile company Mahindra & Mahindra Limited has increased the prices of all its vehicles. The company has issued a statement saying that from April 14, the prices of all Mahindra cars are increased by 2.5 percent. This increase has been done on the ex-showroom price.

How much did the prices increase?
Mahindra sells a wide range of cars in the car and SUV segment in India, including Mahindra XUV700, XUV300, Bolero, Thar, Scorpio, Marazzo, Alturas G4, KUV100 and Verito Electric. The company has now increased the price of many of these by Rs 10,000 to Rs 63,000. The effect of the increase in prices has started showing effect from April 14. In such a situation, if you go to buy Mahindra’s car today or after today, then you will have to loose your pocket more. At a time when people are troubled by the rising prices of petrol and diesel, Mahindra has given a big blow to the customers by increasing the prices of its cars.

Mahindra’s best selling SUV

What is the reason for the price hike..?
Mahindra has cited the reason behind increasing the prices of its cars that in the past few years, the prices of other essential components including steel, aluminum, palladium have increased. Mahindra says that we have done minimum price hike keeping in mind the needs of the customers. Now the new price list has reached Mahindra’s sales and dealer network and if you go to buy a new car then you will have to pay according to the new price details. Let us tell you that Mahindra is going to launch the next generation model of XUV300 along with its luxurious SUV Scorpio this year. Along with this, the company is going to unveil its 3 Dhansu electric SUV in the coming July.

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