Mahindra raises vehicle prices

Mahindra & Mahindra,India’s top utility vehicles and tractor maker,increased prices of its utility vehicles due to a rise in input and fuel costs,and expenses associated with migrating to new emission norms,a spokesman said on Wednesday.

The price of its flagship Scorpio sport utility vehicle has risen by a range of 10,300 rupees ($224.7) to 17,500 rupees,that of the Bolero by 26,100 rupees and Xylo prices have gone up by between 15,300 and 15,900 rupees,the spokesman said.

Passenger vehicle makers have had to comply with Euro IV emission norms in 13 major cities from April 1.

Last Friday,India’s top carmaker Maruti Suzuki raised the prices of its vehicles.