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Mahindra & Mahindra weighs SUV price hike amid rising commodity costs
Mahindra & Mahindra is weighing another price increase across its SUV portfolio amid recent commodity price increases, with a decision expected in the next couple of weeks, its Automotive President and CEO Nalinikanth Gollagunta said. In an interview with PTI, Gollagunta said the company has already taken three price increases this year -- in January, April and July, with the July increase being about 2.7 per cent on sports utility vehicles (SUVs). "We're watching it very closely. As you know, …
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