Mahindra cars get costlier by up to 2.5%
What's the story
Mahindra & Mahindra has announced a price hike of up to 2.5% for its ICE/non-electric SUV and commercial vehicle range. The revision will come into effect from April 6, 2026, and is primarily due to rising production costs. The average increase across internal combustion engine (ICE) models is expected to be around 1.6%.
Affected models
Price hike will affect popular Mahindra models
The price revision will be applicable across a range of Mahindra models sold in India. This includes popular SUVs like the XUV 3XO EV and XUV7XO. However, customers who have booked the recently launched Mahindra XUV7XO will see the price hike only after their first 40,000 bookings are delivered. This is because these early bookings are protected at the current price.
Industry trend
Price hikes in response to rising input costs
The decision to raise prices comes as a response to cost escalations that have increased the overall cost of manufacturing vehicles. Automakers often revise prices periodically in response to rising input costs, including those related to raw materials, logistics, and components. Mahindra's move follows similar announcements from other automakers such as BMW Group India and Audi India who also announced price hikes due to rising input costs and currency fluctuations.