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Mahindra & Mahindra to raise vehicle costs

Reuters
Posted online: Mumbai, May 10: IST


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Saturday , May 10, 2008 at 1017 hrs Indian vehicle manufacturer Mahindra & Mahindra Ltd is raising prices in the range of 1.5 per cent to 2.5 per cent due to rise in input costs, a company statement said late on Friday.

The hikes will come into effect from May 19, it said.

Mahindra & Mahindra's products include multi utility vehicles, tractors and engines.

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