Mahindra announces upside: other automakers to follow soon

Home-growing manufacturer Mahindra & Mahindra announced price increases in passenger and commercial vehicles, averaging 1%.The price increase from this month will be effective and will be in the range of Rs 2,300 to Rs 11,500 (Ex-Showroom) depending on the model.

Pravin Shah, Chief Executive Officer, Automotive Division and International Business (AFS), Mahindra & Mahindra Ltd., said on the price hike, “We have been holding on to price hikes for a while, but it is now necessary to partially offset the impact of rising input costs. "

The price increase will take effect this week on all models.According to the company, price hikes are in line with rising input costs.India's leading SUV maker recently launched the next-generation Scorpio at RS 7.98 Lakh, while the top-of-the-line model S10 is priced at Rs 11.46 lakh (ex-showroom, Mumbai).The overall 2014 Scorpio is offered in 6 variants - S2, S4, S6, S6+, S8 and the straight S10.The SUV also features two new shades - Melted Red and Regal Blue.

Read Scorpio Changes: Old vs New vs

In addition, twisting to the rugged Thar, the automaker has also unveiled an adventure version of the SUV.The Mahindra Thar Adventure Edition is limited to 30 units and is available at select dealers.In addition to cosmetic upgrades, the Adventure Edition gets a new Java brown color with a stylish Adventure Body decal.It only works with CRDE trim.

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