Mahindra SUVs to get a price hike of up to 3% from April

The company noted that the magnitude of the price increase will differ among various SUVs and commercial vehicles, depending on the specific model and variant. Mahindra is following in the footsteps of other automakers such as Maruti Suzuki, Hyundai, Tata Motors, Renault, Kia, Honda, and BMW, all of which have announced price increases for the upcoming financial year.

It is common for automakers to implement price hikes at the beginning of a new financial year. This will mark Mahindra's second price increase this year, following a previous adjustment in January. The price hike will impact all models in the brand's portfolio, including its internal combustion engine (ICE) vehicles as well as the all-electric BE 6 and XEV 9e.

Mahindra offers a diverse range of SUVs, including the XUV 3XO, Bolero, Bolero Neo, Thar, Thar Roxx, Scorpio Classic, Scorpio-N, XUV700, and others. Recently, the company launched the Mahindra XUV700 Ebony Edition, featuring an all-black design for its flagship model. Additionally, it had reduced prices on select variants of the XUV700 for March, but these prices are expected to rise again with the announced three per cent increase starting in April.