Login

Mahindra SUVs Set To Become Expensive From January 1, 2021

Mahindra is yet to announce the quantum of the price hike and has said that it will be communicated shortly.
Calendar-icon

By Shubham Parashar

clock-icon

1 mins read

Calendar-icon

Published on December 16, 2020

Follow us on

google-news-icon
Story

Highlights

  • Mahindra will increase prices across its range from January 01, 2021.
  • The company will also increase prices of its commercial vehicles.
  • Mahindra had already increased prices of the Thar on December 01, 2020.

Mahindra SUVs are set to become more expensive from next month. The company will increase the price across its entire range of passenger vehicles with effect from January 1, 2021. The Indian automaker has cited increase in commodity prices and various other input costs as the core reason for the price hike. That said, the company is yet to announce the quantum hike in price and has said that it will be communicated shortly and likely ahead of the price hike.

Also Read: Mahindra Thar Set To Become Pricier From December 1, 2020

7e721ei8

Mahindra will also increase prices of its commercial vehicles.

Along with passenger vehicles, Mahindra will also be increasing prices of its commercial vehicles. So the Navistar, Pick-Up and Supro range among others too will witness a price hike, but we still don't know the quantum of price hike even on the commercial vehicle range. Mahindra had also increased prices of the Thar on November 30 and we don't know yet if the new price increase will be applicable on this SUV as well. The Mahindra Thar was launched at an introductory price of Rs. 9.80 lakh going up to Rs. 12.95 lakh on October 2.

Also Read: New-Gen Mahindra Thar Booked Until May 2021

ji11ekro

Mahindra has already increased prices of the Thar.

Mahindra is one of the major car manufacturers that have announced to increase prices next year. Carmakers like Maruti and Hyundai among others have already announced to increase the prices of their vehicles. Cyclical price revision at the beginning of a new year has become a trend in the auto industry due to increase in input costs and transportation charges. Some automakers also give discounts on previous model year vehicles at the end of the year which is when buyers can cash in opportunity and purchase a new vehicle at comparatively discounted rate and also benefit marginally on insurance and road tax charges due to lesser base price.

Calendar-icon

Last Updated on December 21, 2020


Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News

Related Articles

Latest News

Popular Mahindra Models