Mahindra to Raise SUV and Commercial Vehicle Prices From July 10

Mahindra & Mahindra on Wednesday announced an average price increase of 2.7 per cent across its sport utility vehicle (SUV) portfolio and 2 per cent across its commercial vehicle (CV) range of vehicles. The revised prices will come into effect from July 10, 2026.

The automaker said the increase was driven primarily by higher commodity costs.

"This price increase is attributed to mainly commodity cost escalations. The extent of the price increase will vary across specific products," the automaker said in a statement.

Also read: Tata Motors Dominates India's EV Market, Mahindra Claims 2nd Spot in Q1 FY27: Vahan

The latest price revision comes as vehicle manufacturers continue to face pressure from rising input costs. Mahindra joins several automakers that have increased prices this year in an effort to offset higher production expenses while demand in key segments remains steady.

The announcement follows a robust start to FY27 for the automaker.

Mahindra recorded domestic SUV sales of 1,74,745 units during the April-June quarter, a 15 per cent increase from 1,52,067 units in the corresponding period last year.

Sales of the company's light commercial vehicles also registered healthy growth. The automaker sold 73,582 LCVs during the quarter, up 19.8 per cent from 61,439 units a year earlier.

The company has continued to benefit from sustained demand in the SUV segment, while its commercial vehicle business has also maintained growth momentum despite rising input costs.