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M&M raises vehicle prices by 2%

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BS Reporter New Delhi

Automobile manufacturer Mahindra & Mahindra on Friday said it had raised prices of its entire range of vehicles by up to Rs 15,000 from last week.

“We have hiked prices last week by 1.5 to 2 per cent on all our vehicles, due to higher commodity costs,” said Pawan Goenka, president (automotive and farm sectors).

The rise will vary between Rs 7,000 and Rs 15,000, he said. The company sells utility vehicles Scorpio and Bolero, along with three-wheeler commercial vehicles. It also manufactures and sells the Logan car.

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First Published: Apr 09 2011 | 12:08 AM IST

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