Mahindra and Mahindra announce a price hike for April 2022 an increment of around 2.5% across the range applicable from April 14th, 2022 onwards.

Mahindra and Mahindra officially announced the price hike for its SUV range and MPV range in the Indian market by 2.5% across the line-up. This will result in a price increment between ₹10,000 and goes all the way up to 63,000 extra rooms depending on the model and the variant selected. The price increment will be applicable starting from today which is 14th April 2022.

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In the official statement, the Mahindra and Mahindra SUV expert has stated that the latest price hike is due to the unprecedented increase in the cost of steel aluminum, and other raw materials. Mahindra and Mahindra partially offset these through the price revision of its passenger car vehicles line-up and an updated price list will be communicated to dealerships across India very soon.

Mahindra price Hike April 2022

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The cost of raw material in fuel have been rising steadily in the Indian market causing manufacturing and transportation to become more and more expensive. We have seen multiple price hikes in the past 2 years by every automaker now that the new financial year has started, we accept more news about the price increment from the auto industry very soon. Mahindra and Mahindra passenger car range consist of the following 700-star Marazzo Scorpio bolero 300 Alturas G4 and bolero neo.

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The next generation Scorpio has been in development for the years now and it is expected to go into soil in August 2022 alongside the current version. The micro-SUV KUV 100 best EVs are currently in the pipeline and expected to go on sale later this year which will followed by an electric vehicle best compact SUV xuv 300. Other than that Mahindra and Mahindra will be showcasing 3 new electric SUV concepts in July this year based on a new “BORN EV” platform. Also, the TUV 300 plus is expected to relaunch in a facelifted avatar soon rebranded as bolero neo plus.

Mahindra price Hike April 2022
Mahindra price Hike April 2022

Apart from all that the manufacturer is also working on 5 doors longer Wheelbase version of Mahindra thar which is expected to debut sometime next year. Also, as per the speculation, Mahindra and Mahindra are working on a creator rival SUV which could be introduced in the coming years under the name xuv 500.