Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) has increased the prices of all the models. This is the third time that the Indian car manufacturer has raised its prices this year as previously a price correction was introduced in January, followed by May.

Prices for the Mahindra Thar have gone up by around Rs 42,300 to Rs 1,02,000, depending on the variant. This translates to about 2-7 per cent hike, the highest for any model with this round of price hike. The SUV has gotten expensive by approximately nearly Rs 1 lakh. The AX variant of the SUV is expensive by Rs 67,000.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.