Mahindra & Mahindra Plans To Up Prices Of Its Models By Up To 3%
Veejay Nakra, the chief executive of Mahindra & Mahindra has revealed that the company is planning to hike the prices of cars by 1.8% to 3%. "We will keep a close watch on how the commodity prices play out" Nakra stated hinting the hike possibly due to increased cost of raw materials including that of steel. Notably, earlier in April also, Mahindra had increased the prices by 1.8%.