Mahindra & Mahindra (M&M), a leading Indian automobile manufacturer, has announced a price hike of up to 3% across its range of SUVs and commercial vehicles, effective from April 2025. This decision aligns M&M with other major automakers in India, such as Maruti Suzuki, Tata Motors, and Hyundai Motor India, who have also declared price increases ranging between 2% and 4% starting next month.

The primary factors contributing to these price adjustments include escalating commodity prices, higher import duties on raw materials, and ongoing supply chain disruptions. These challenges have collectively increased operational costs for automobile manufacturers, making price revisions necessary to maintain profitability.

The extent of the price increase will vary across different models in M&M's portfolio. While the company has not specified the exact increment for each model, customers can expect up to a 3% rise in prices, depending on the specific vehicle.

M&M's decision is part of a broader industry trend where several automakers are adjusting prices to offset rising input costs. For instance, Maruti Suzuki, Tata Motors, and Hyundai Motor India have announced price hikes between 2% and 4%, effective from April 2025.

As the automotive industry grapples with increased production costs, consumers planning to purchase vehicles in the coming months should anticipate these price adjustments. Prospective buyers are advised to consult with dealerships for the most current pricing and consider making purchases before the new prices take effect in April 2025.