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This is an archive article published on January 3, 2008

M038;M raises prices across models, spares Logan

Carmaker Mahindra and Mahindra said it would increase prices across all its models in a range of Rs 1,000-10,000.

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Carmaker Mahindra and Mahindra on Thursday said it would increase prices across all its models in a range of Rs 1,000-10,000.

The company has, however, kept its entry-level sedan Mahindra Renault Logan out of the purview of the price rise.

8220;We have increased the prices across all models, except Logan, from January one. The price hike has been necessitated due to increasing raw material prices,8221; a company spokesperson said.

Various carmakers, including Maruti Suzuki and Hyundai Motors, had earlier said that they would raise prices due to escalating raw material costs.

Mahindra on Thursday launched a limited edition variant of its Multi-Utility Vehicle MUV Bolero, priced at Rs 5.98 lakh ex-showroom, Delhi

The company intends to sell 1,000 units of the limited edition Bolero in the country.

 

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