Mahindra to raise vehicle prices

Mumbai, Sep 27 : Automobile manufacturer Mahindra and Mahindra Friday said it will increase the prices of its vehicles by up to two percent from next month.

According to the company, the price increase will be effective from Oct 1, 2013 and would be in the range of Rs.6,000 to Rs.20,000.

"We have been holding back prices for a while but now it has become necessary to raise them due to increasing input costs, devaluation of the rupee and increase in some raw material costs," said Pravin Shah, chief executive, automotive division, Mahindra and Mahindra.

--IANS (Posted on 27-09-2013)

automobile-news headlines

Driverless cars to make driving safer

Driverless cars to make driving safer

Fiat India sets up free summer check up camps

Volvo cars explores future of child protection

Honda introduces 'Anniversary edition' of Amaze

Mercedes-Benz launches SUV GL 63 AMG

Hyundai receives 11,000 bookings of entry-level sedan Xcent

Soon, Supersonic car that will travel at 1,000mph

Tata Motors global sales at 95,668 units in March

Tata Motors global wholesales at 95,668 in March

Tata Motors Group global wholesales at 95,668 units in March 2014

Marginal rise in car sales expected this fiscal: SIAM

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014


Your e-mail:

Your Full Name:

Type verification image:
verification image, type it in the box


Back to Top