KEY HIGHLIGHTS
- Mahindra cars getting price hike from New Year 2024
- Official confirmation out
- Read on for more details
Mahindra has disclosed that there will be an upward price revision for its lineup of SUVs, set to take effect from January 2024. The carmaker plans to unveil the specific details regarding the extent of the Mahindra cars model-wise price increase at a later date. This announcement indicates a forthcoming adjustment in pricing for Mahindra's SUV range in the new year.
Let's jump into some more details and what can you expect moving forward.
Mahindra Cars Getting A Price Hike From New Year 2023
Mahindra's decision to increase prices has been attributed to the impact of rising costs due to inflation and increased commodity prices. In an official statement, the brand noted that it has endeavored to absorb as much of these additional costs as possible. Nevertheless, a portion of this increase will be passed on to customers, reflecting the challenges posed by economic factors affecting production costs.
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Mahindra has joined the ranks of carmakers announcing a price hike in the new year. Following suit with companies like Maruti, Hyundai, MG, Audi, and Tata Motors, Mahindra has revealed plans to increase the prices of its cars starting next month. This trend across multiple OEMs reflects the broader industry response to economic factors and increased production costs, prompting adjustments in pricing strategies.
Mahindra Thar 5-Door Coming Soon
After establishing its dominance in the off-roader segment, the Mahindra Thar is gearing up for a 2024 launch with the addition of two extra doors. While the Thar in its current 3-door configuration is already an impressive package, the introduction of two more doors aims to position it as a more family-friendly proposition. With numerous sightings of the model in testing, it appears that the SUV is poised for launch and could be expected to hit showrooms next year.
Verdict
The price hike is nothing but a usual event in the industry. Whie rising cost and inflation needs to be offset, both the manufacturer and the customer bear the responsibility. The silver lining here happenbs to be the early intimation about the same where the buyers can act quick to save a few bucks before the hike comes into effect. Also, If you are someone with a passion for engines mounted on wheels, you must join our Whatsapp Group Community of petrolheads to find out more exciting stuff about the Auto world.
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