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

• ET Online

• Updated On Apr 2, 2026 at 08:21 PM IST

Mahindra XUV 7XO

“>

Mahindra & Mahindra on Thursday said will raise prices of its sport utility vehicles and commercial vehicles by up to 2.5 per cent 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 per cent. The revision will apply across several models sold in India.

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.

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 per cent from April 1 to offsrising 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 per cent 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.

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETAuto industry right on your smartphone!

• Download the ETAuto App and get the Realtime updates and Save your favourite articles.