Mahindra & Mahindra to raise vehicle costs

Reuters
Posted: 2008-05-10 10:17:42+05:30 IST
Updated: May 10, 2008 at 1017 hrs IST

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Mumbai, May 10: : 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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