Mahindra Announces Price Hike On Commercial And Passenger Vehicles From April 1, 2025

Mahindra’s decision to hike its prices comes on the back of its rivals including Tata Motors, Hyundai Motor, Kia Motor and Maruti Suzuki India, among others hiking their prices by up to four percent. Additionally, luxury automakers including BMW, Mercedes-Benz and Audi also announced a price hike.

This price increase is attributed to rising input cost and increased commodity prices, among other reasons. The extent of the price increase will vary across different SUVs and commercial vehicles.

Additionally, the company witnessed a growth of approximately 14.8% in total automobile sales, recording sales of 83,702 units in February. The passenger vehicle segment witnessed a growth of 18.9% in its unit sales, totalling to 50,240 units. Moreover, the Indian automaker’s exports witnessed a 99% increase amounting to 3,061 units.

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Furthermore, the Indian automaker also announced the launch of its new electric vehicles based on the INGLO platform, the BE 6 and XEV 9e. In the coming months, the automaker plans to expand its electric vehicle lineup with the launch of the XEV 7e, BE.07, BE.09, and a successor to the XUV400, which will be built on the new XUV 3XO platform.