Mahindra & Mahindra announces price hike across SUVs, commercial vehicles from April

Mahindra & Mahindra, India's largest SUV manufacturer by revenue, on Friday announced an increase in prices of up to 3% for its SUVs (sport utility vehicles) and commercial vehicles starting April 2025.

This price increase is attributed to rising input cost and increased commodity prices, among other reasons, the automaker said. The extent of the price increase will vary across different SUVs and commercial vehicles.

The price hike announcement comes a day after luxury carmaker BMW Group India said it will increase prices by up to 3% across the BMW and MINI car range from April 2025.

Mahindra’s homegrown rival Tata Motors too announced its intent to increase prices across its passenger vehicle range, including electric vehicles, effective April 2025. This price adjustment is being undertaken to partially offset the impact of rising input costs, the automaker said, adding that the extent of the hike will vary depending on the model and variant.

Hyundai Motor India Limited (HMIL) on Wednesday announced a price hike of up to 3% on cars and sport utility vehicles (SUVs) from April 2025. The South Korean carmaker announced the price increase owing to rising input cost, increased commodity prices and higher operational expenses, amongst other reasons. The quantum of price increase will vary basis the variants and models, it said. Kia India also announced up to 3% price hike across its entire lineup. The price hike, effective from April 1, 2025, is primarily due to rising commodity prices and escalating supply chain-related costs.

On Monday, Japanese carmaker Maruti Suzuki India Ltd revealed its plan to increase car prices from April owing to rising input costs and operational expenses. Maruti’s price hike is expected to be up to 4% and will vary depending on the model. “While the company continuously strives to optimise costs and minimise the impact on its customers, some portion of the increased cost may need to be passed on to the market,” India’s largest carmaker said.