Mahindra to hike prices by up to 3%

 

Mahindra & Mahindra Ltd. announced that it plans to hike prices of its passenger and commercial vehicles by up to 3%. This will be effective 1st January 2018.

Rajan Wadhera, President – Automotive Sector, Mahindra & Mahindra Ltd. said, “We have been holding back on price hikes and absorbing the higher input costs for a while, but with the increase in commodity prices we will have to take a price increase.”

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com
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