Mahindra is going To Cost More
Mahindra & Mahindra is going to raise the price.Mahindra & Mahindra has announced that it’s going to rise in price of all its all products. The price rise will come to effect on next month 1st October. it will now cost consumers somewhere between Rs 3,000 to Rs 8,000 depending on the models.
According to M&M Chief Executive Rajesh Jejurikar said that We have been holding back this raise for a while, but now it has become imperative to raise prices especially as the prices of raw materials have been on the rise, in addition, the new Bharat Stage III emission norms have also resulted in this price hike. As always, Mahindra remains committed to its customers.Other companies have joined the group by raising prices of their products, including Tata Motors,Hyundia motors and Maruti Suzuki.