Mahindra and Mahindra has announced a price hike of up to 3 percent across its passenger and commercial vehicles. The new prices will be effective from January 1, 2018.

Rajan Wadhera, President  Automotive Sector, Mahindra & Mahindra said “We have been holding back on price hikes and absorbing the higher input costs for a while, but with the increase in commodity prices we will have to take a price increase.”