Mahindra SUVs, other vehicles to get costlier by up to 2.5%

Mahindra & Mahindra on Thursday said will raise prices of its sport utility vehicles and commercial vehicles by up to 2.5% starting April 6, 2026, as the company passes on part of the rising production costs to customers.

The Mumbai-based automaker said the average increase across its internal combustion engine (ICE) SUV and commercial vehicle portfolio will be about 1.6%. The revision will apply across several models sold in India.

Also Read: BMW India to hike vehicle prices up to 2% from April amid rising costs


The company said the decision follows cost escalations, which have increased the overall expense of manufacturing vehicles. Automakers typically adjust prices periodically when input costs rise, including those linked to raw materials, logistics, and components.

However, buyers of the recently launched Mahindra XUV7XO will see the hike later. The company said the revised prices for this model will take effect after deliveries are completed for the first 40,000 bookings that are protected at the current price.

Price protection means customers who booked early will receive the vehicle at the previously announced price, even after the company raises rates.

Also Read: Audi India to hike prices by up to 2% from April 1

Mahindra is not alone in raising prices. Several automakers have already announced similar moves in recent weeks. For instance, BMW Group India said it will increase prices of its vehicles by up to 2% from April 1 to offset rising logistics and material costs as well as the impact of a weaker rupee.

Similarly, Audi India has also announced a price increase of up to 2% across its models starting April 1, citing higher input costs and currency fluctuations.

Automakers say the pressure comes from rising prices of key commodities such as steel and aluminium, along with currency volatility and supply disruptions linked to global geopolitical tensions.