Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is all set to hike prices of its SUVs and commercial vehicles by up to 3% from January 2025. The adjustment is in response to the rising costs due to inflation and increased commodity prices.

Earlier, the company had reported a 12.05% rise in its overall auto sales (including exports) at 79,083 units for the month of November 2024 as compared to 70,576 units in the same month last year.

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.