Mahindra & Mahindra, a prominent player in the automotive industry, has implemented a price hike across its SUV lineup, impacting the popular models Scorpio-N, Thar, and XUV700.
The collective increase amounts to Rs 57,000, with XUV700 witnessing the most substantial surge.
XUV700 Takes the Lead: Noteworthy Increase in Prices
According to recent reports, the AX7 L petrol variant of XUV700, equipped with seven seats and a manual gearbox, has witnessed a significant price surge of Rs 57,000.
Similarly, the diesel variant, available in both manual and automatic transmissions, has seen an increase of Rs 53,000.
Despite this, Mahindra has also implemented price reductions on eight variants, including a notable decrease of Rs 21,000 for the AX5 diesel variant with five seats and an automatic gearbox.
The XUV700’s price range now spans from Rs 13.99 lakh to Rs 26.99 lakh (ex-showroom).
Scorpio-N and Scorpio Classic Also Witness Price Adjustments
Mahindra has not spared its Scorpio-N and Scorpio Classic models from the price adjustments.
The entry-level variant with a petrol engine sees a rise of Rs 34,000, while the diesel variant experiences a Rs 24,000 increase.
The Scorpio-N lineup consists of five variants – Z2, Z4, Z6, Z8, and Z8L – offered in both petrol and diesel options.
Thar SUV Faces a Price Hike of Rs 35,000 Across All Variants
Continuing the trend, prices of all variants of the Thar SUV have been increased by Rs 35,000. With a starting price of Rs 11.25 lakh (ex-showroom), Thar enthusiasts will need to adjust to the revised pricing structure.
Mahindra’s Electric Endeavor – XUV400 Update and Future Plans
Amidst the price adjustments, Mahindra’s electric SUV, the XUV400, continues to compete in the growing electric vehicle segment.
Offering a range of over 450 kilometers on a single charge, the XUV400, with variants EC and EL, competes with MG’s ZS EV and Tata Motors’ Nexon EV.
Mahindra has recently updated the XUV400 with additional features, including electronic stability program, tire pressure monitoring, cruise control, and fog lamps.
The company also plans to launch new electric vehicles in a competitive market, challenging rivals like Tata Motors as the demand for electric vehicles surges in the country.
