Mahindra to hike the prices of Vehicles from January 1, 2018

After Toyota, Tata, Volkswagen, Skoda and Ford reported a hike in price over their item lineup, it's the nation's leading utility vehicle producer Mahindra and Mahindra that joined on them. The Pune-based SUV maker will hike the prices of every one of its models up to 3% from January 1, 2018. The reason refered to for this choice is said to be the expanded info costs.


In November 2017, Mahindra enlisted an aggregate offers of 38,570 units bookkeeping a development of 18% against the same of earlier year. While the residential offers of the organization developed by 21%, the fare saw a fall of 6%.

The organization as of late presented the new Scorpio facelift and petrol emphasis of the XUV500. While the previous comes at a beginning price of Rs 9.97 lakh, the last one has been priced at Rs 15.49 lakh (all, ex-showroom).

The home-developed carmaker is additionally wanting to extend its electric vehicle lineup with three new models. These new electric cars will be high on execution offering an expected scope of 350km, 250km and 300km individually. The best speed of new Mahindra EV will remain around 186kmph, 150kmph and 190kmph separately. Mahindra's superior electric cars will be propelled in the following three years

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