Mahindra Thar, Scorpio-N And Other ICE SUVs To Get Expensive, But Not XUV7XO

Mahindra has announced to increase the prices of its offerings in the Indian market from April 6 onwards. This hike will be applicable on both ICE SUVs and commercial vehicles. The company has not revealed the exact model-wise extent of the price hike, but the upper ceiling is locked at 2.5 per cent. In addition, the brand has claimed that an average hike of 1.6 per cent will be rolled out across the portfolio. In simple words, models like the Scorpio-N, Thar, Thar Roxx, and XUV 3XO will get expensive. The newly-launched Mahindra XUV 7XO's prices will not be hiked, until the first 40,000 deliveries are made by Mahindra.

Also, the company has recently revealed its sales figures for the month of March 2026. Its overall auto sales for the month of March 2026 stood at 99,969 vehicles, a growth of 21% including exports. In the Utility Vehicles segment, Mahindra sold 60,272 vehicles in the domestic market, a growth of 25% and overall, 62,109 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 24,928, a growth of 11%.

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The financial year concluded with all-time-high volumes of 6,60,276 SUVs and 2,89,597 LCVs (<3.5T), delivering robust YoY growth of 20% and 13%, respectively, across both segments.

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According to Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd., "The Financial year ended on a very positive note, with Mahindra clocking its highest-ever volumes in both SUVs & LCVs (<3.5T) segments, a significant milestone for the company. In March, we achieved SUV sales of 60,272 units, a growth of 25% and LCV <3.5T sales of 24,928 units, a growth of 11% YoY. Total vehicle sales stood at 99,969 units, a 21% YoY growth"