Mahindra and Mahindra Hike Car Prices
After Maruti Sizuki and Honda, it is now the Mahindra and Mahindra to raise car prices. The prices of raw materials such as steel, aluminum, rubber have seen a sharp rise of 25-30 percent since January 2008. This has added pressure to the already squeezed car sector which has been witnessing decreased new car sales.
Labels: hike in car's price, Mahindra and Mahindra
3 Comments:
With the increase in steel and rubber prices every car makers is hiking their prices.With the increase in steel and rubber prices. hope price hike is not that high.q
Mahindra is one of the many car buyers to announce a price hike. I was one of the Mahindra aspirants. But since the prices are likely to go up by May 19 , i would rather book one now.
Mahindra's vehicles are overly priced. I think that a hike in car prices in not completely justified. Moreover, he is charging SR 21,000 extra. I wonder when auto industry is going through a rough patch, who would want to buy the car at such high prices. Everyone else is still offering discounts.
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