Mahindra to Increase SUV and Commercial Vehicle Prices by Up to 3% from April 2025

Mahindra & Mahindra has announced a price increase of up to 3% across its SUV and commercial vehicle range, effective April 2025. The company attributes the adjustment to rising input costs and higher commodity prices.  

The price hike will vary depending on the model and segment. Mahindra, a key player in India’s SUV and commercial vehicle market, stated that the increase is necessary to offset cost pressures while continuing to offer competitive products.  

Automakers in India have been facing fluctuations in raw material costs, supply chain expenses, and regulatory changes, which have contributed to periodic price adjustments across the industry. Mahindra’s latest revision follows similar moves by other manufacturers to manage operational costs.  

Customers planning to purchase Mahindra vehicles before April may consider making their purchase ahead of the price change. Further details on model-specific adjustments are expected to be shared closer to the implementation date.

Similarly, Hyundai Motor India Limited (HMIL) has also announced a price increase of up to 3% across its model lineup, effective April 2025. The revision comes in response to rising input costs, higher commodity prices, and increased operational expenses. The extent of the price hike will vary depending on the model and variant. 

Honda Cars India Ltd (HCIL) had announced plans to implement a price increase across its entire model lineup beginning April 2025, adding to the growing list of automotive manufacturers in India that have recently revealed similar price revision strategies.

Honda's announcement follows similar moves by other major automotive players in the Indian market. Kia India recently implemented price increases across its vehicle range, while Tata Motors has announced a price hike for its commercial vehicles. Market leader Maruti Suzuki is also set to raise prices by up to 4% starting April.

Kia India's price revision, which took effect earlier this month, varied between 0.3% and 4.7% depending on the model and variant. The company cited a similar rationale, pointing to increased input and operational costs as the primary factors necessitating the price adjustment.

Tata Motors' commercial vehicle division has likewise announced price increases, with company representatives emphasizing that despite their best efforts to mitigate the impact of rising production costs, some portion of these expenses needed to be passed on to maintain sustainable operations.

Maruti Suzuki, India's largest car manufacturer, revealed plans for a price hike of up to 4% across its model range beginning in April. The company specifically mentioned rising overall input costs as the driving factor behind this decision.