Tuesday, July 31, 2018
By Manoj Kumawat
July 31, 2018 Is The Best Day To Buy Mahindra Vehicles Before Price Hike
Are you planning to buy any of the Mahindra’s vehicle in coming days, then instead of waiting for that day it is better to rush immediately to its dealer, without wasting any minute anymore. According to a statement from the sources of home grown car maker it is going to hike the prices up to Rs. 30,000 on few its models with effect from August 1, 2018. The names of these vehicles are yet to be revealed by the car maker. The reason behind hike in prices as stated in the statement is due to increase in the prices of raw materials.
It would be interested to know that apart from Mahindra & Mahindra other car makers like Honda Motors, Hyundai Motors have also announced to hike the prices of their entire portfolio from August 1, 2018. Where the prices of Japanese car maker will be in range from Rs. 10,000 to Rs. 35,000, depending upon the vehicle purchased by the buyer, the prices of vehicles manufactured by the Korean car maker will be up to Rs. 23,000. Both the car makers have revealed the reason of increase in input costs.
The announcement from domestic car maker has come at the time when it is going to reveal the name of its proposed MPV codenamed as U321. According to reports the new MPV 321 might be christened as Marazzo. The upcoming MPV is being launched to compete against Maruti Suzuki Ertiga, Toyota Innova Crysta and Renault Lodgy.
