Mahindra & Mahindra (M&M) has announced an average price increase of 2.7% on its Sport Utility Vehicles (SUVs) and 2% on its commercial vehicle range, effective July 10, 2026. This adjustment will also apply to the automaker's electric vehicle portfolio.
The company stated that the price hike is primarily due to escalating commodity costs. This marks the second time M&M has raised prices this year; an earlier increase of up to 2.5% for its internal combustion engine (ICE) SUVs and commercial vehicles took effect on April 6, 2026, with an average hike of 1.6% across the portfolio.
Industry-Wide Price Adjustments
Mahindra & Mahindra's latest price revision follows similar announcements from several other major automakers in India. Companies across the industry have cited rising input costs as a reason for their adjustments.
- Tata Motors Passenger Vehicles increased prices across its ICE and electric vehicle lineup by up to 1.5% from July 1, 2026, marking its second hike of the year.
- Kia India implemented a price revision of up to 2% across its model range, also effective July 1, 2026.
- JSW MG Motor India announced a price hike of up to 3% beginning July 1.
- Hyundai Motor India raised car and SUV prices by up to Rs 12,800 from June 1, 2026.
- Maruti Suzuki India Ltd, the country's largest carmaker, increased prices by up to Rs 30,000 from June.
The extent of Mahindra & Mahindra's price increase will vary depending on the specific product model.