Mahindra to Hike SUV and CV Prices by Up to 3% from April

Facing inflationary headwinds and surging commodity costs, Mahindra joins other automakers in announcing price hikes effective April 2025.

Mumbai, March 22 — Mahindra & Mahindra, one of India’s leading automotive giants, has announced a price increase of up to 3% across its SUV and commercial vehicle (CV) range, effective April 2025. The company cited rising input costs, soaring commodity prices, and persistent inflation as the key reasons behind the hike.

In an official statement, Mahindra said the exact percentage of the price increase will vary based on the specific model and variant. The hike is aimed at offsetting the impact of rising raw material and production costs—a challenge that has gripped the global automotive industry.

“This price adjustment is a necessary step as we continue to absorb inflationary pressures and ensure the sustained delivery of quality and performance to our customers,” a Mahindra spokesperson said.

The move comes amid a broader industry trend, with automakers such as Hyundai, Tata Motors, Honda, and Maruti Suzuki also announcing price revisions. Maruti Suzuki, India’s largest car manufacturer, has declared a price hike of up to 4%, also effective from April.

The automotive sector has been grappling with cost fluctuations due to supply chain disruptions, increased logistics expenses, and a volatile commodity market.

Founded in 1945, the Mahindra Group employs over 2.6 lakh people in more than 100 countries. Beyond automobiles, the conglomerate has a strong presence in farm equipment, IT services, finance, and utility vehicles. Notably, Mahindra holds the distinction of being the world’s largest tractor manufacturer by volume.

With price hikes now becoming the norm across the industry, consumers may want to lock in current rates before the changes take effect next month.

Tags: Mahindra, SUV price hike, commercial vehicles, automotive industry, car prices India, input costs, raw material inflation, April 2025 car price increase, Mahindra SUVs, Mahindra CV, Maruti price hike, Hyundai, Tata Motors, auto sector India

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