Mahindra to Raise SUV and CV Prices by up to 3% in April Amid Cost Rise
ECONOMY & POLICY

Mahindra to Raise SUV and CV Prices by up to 3% in April Amid Cost Rise

Mahindra & Mahindra is set to increase the prices of its SUVs and commercial vehicles by up to 3 per cent starting in April 2025. The decision comes as the company looks to offset rising input costs, which it had largely absorbed until now. The extent of the price adjustment will vary across different models in the SUV and commercial vehicle lineup.

The announcement follows a strong performance by Mahindra in February. The automaker recorded total auto sales of 83,702 vehicles during the month, reflecting a 15 per cent year-on-year growth, including exports. In the Utility Vehicles segment, domestic sales reached 50,420 units, marking a 19 per cent increase, while total UV sales, including exports, stood at 52,386 units. The commercial vehicle segment also saw solid demand, with domestic sales amounting to 23,826 units.

Mahindra’s tractor business also demonstrated significant growth. Total tractor sales, including exports, reached 25,527 units in February 2025, compared to 21,672 units in the same period last year. Domestic tractor sales increased to 23,880 units from 20,121, while exports for the month were recorded at 1,647 units.

With this move, Mahindra joins several automakers implementing price hikes from April due to escalating production costs. Companies such as Maruti Suzuki India, Hyundai Motor, Tata Motors, Kia India, BMW, and Honda Cars India have all confirmed similar increases. Luxury car manufacturers, including BMW, have also announced price adjustments for their models beginning next month.

News source: Business Today

Mahindra & Mahindra is set to increase the prices of its SUVs and commercial vehicles by up to 3 per cent starting in April 2025. The decision comes as the company looks to offset rising input costs, which it had largely absorbed until now. The extent of the price adjustment will vary across different models in the SUV and commercial vehicle lineup. The announcement follows a strong performance by Mahindra in February. The automaker recorded total auto sales of 83,702 vehicles during the month, reflecting a 15 per cent year-on-year growth, including exports. In the Utility Vehicles segment, domestic sales reached 50,420 units, marking a 19 per cent increase, while total UV sales, including exports, stood at 52,386 units. The commercial vehicle segment also saw solid demand, with domestic sales amounting to 23,826 units. Mahindra’s tractor business also demonstrated significant growth. Total tractor sales, including exports, reached 25,527 units in February 2025, compared to 21,672 units in the same period last year. Domestic tractor sales increased to 23,880 units from 20,121, while exports for the month were recorded at 1,647 units. With this move, Mahindra joins several automakers implementing price hikes from April due to escalating production costs. Companies such as Maruti Suzuki India, Hyundai Motor, Tata Motors, Kia India, BMW, and Honda Cars India have all confirmed similar increases. Luxury car manufacturers, including BMW, have also announced price adjustments for their models beginning next month. News source: Business Today

Next Story
Infrastructure Energy

Samridh, CEID Launch High-Capacity Biogas Plant in Moradabad

Samridh Bioenergy has broken ground on a 12 TPD compressed biogas (CBG) plant in Moradabad, Uttar Pradesh, under the MNRE’s National Bioenergy Programme. Spread across 12 acres, the plant will process 270 tonne of organic waste daily and generate 30,000 cubic metre of biogas per day.CEID Consultants and Engineering Pvt Ltd has been appointed as the EPC contractor, responsible for the complete design, procurement, and construction of the plant. Equipped with four multi-feed digesters, the facility will accept a mix of press mud, cow dung, chicken litter, and vegetable waste, supporting contin..

Next Story
Real Estate

Delhi Micro-Markets Drive Up Housing Prices: Grihum Study

A new study by Grihum Housing Finance reveals that the rise of micro-markets across Delhi-NCR is fuelling real estate price appreciation, especially in the affordable housing segment. Key drivers include renewed post-pandemic interest, migration trends, and government schemes like PMAY.According to the study, over the past two decades, floor rates have risen 267 per cent, from Rs 1,500 per sq ft in 2005 to Rs 5,500 in 2024. In the same period, land rates surged 492 per cent, from Rs 1,300 to Rs 7,700 per sq ft. The sharp increase highlights strong capital appreciation in Delhi’s emerging loc..

Next Story
Resources

Covestro Develops PCR Polycarbonates from End-of-Life Headlamps

Materials manufacturer Covestro has launched post-consumer recycled (PCR) polycarbonates made from end-of-life automotive headlamps, in a move aimed at strengthening circularity in the auto industry. These TÜV Rheinland-certified grades, containing 50 per cent recycled content, are now commercially available for new automotive applications.Developed under a joint programme led by GIZ, with Volkswagen and NIO as key partners, the recycled material is currently being validated for use in future vehicle models.""This new line of polycarbonate represents a significant step in supporting the autom..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?