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Mahindra and Mahindra also increased the prices of its vehicles, price hike is applicable from today itself

Mahindra & Mahindra Hike Prices: The country’s leading automobile company Mahindra & Mahindra has announced to increase the prices of its vehicles. The increase in the prices of Mahindra vehicles has come into effect from today, 14 April 2022. The company has informed the stock exchanges that the company is going to increase the prices of vehicles by 2.5 percent from today. After this hike, Mahindra vehicles will become costlier by Rs 10,000 to Rs 63,000. According to the company, the plan to increase the prices will depend on the model and variant of the vehicle.

Due to increase in cost, the decision to increase the price
M&M has said that due to the increase in input cost, the cost of vehicles has been significantly affected. That’s why the prices are being increased. The company’s steel, aluminum. There has been a huge increase in the prices of many commodities including Palladium, due to which the prices of vehicles have increased.

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