Mahindra hikes vehicle prices It’s nearing the end of the year and with this, automakers are updating their vehicle rates. Mahindra, the country’s leading sports utility vehicle (SUV), will also increase its vehicle prices. According to media reports, the new prices will be effective from January 1.

According to the information received, the company will increase its passenger and passenger segment vehicle prices by next month. The company said the increase in the cost of vehicles was driven by rising costs. Recently, Maruti Suzuki and Kia Motors also announced an increase in their vehicle prices.

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Currently, the company’s passenger vehicle portfolio includes 8 vehicles, with the entry-level model KUV 100 NXT priced at Rs 5.67 lakh. And the top model Alturas G4 is priced at Rs 28.69 lakh. In addition, the company’s best-selling SUV Scorpio and Bolero will also be more expensive than before.

However, there is no word yet on how much the company will increase the price of its vehicles. Recently, the company launched the next generation model of its famous SUV Mahindra Thor in the domestic market. It is getting great feedback from customers.