M&M lifts SUV prices 2.7%, CV prices 2% from July 10 to offset commodity costs

Mahindra & Mahindra raises passenger SUV prices by 2.7% and commercial vehicle prices by 2% effective July 10, citing higher input costs. Consumer-facing peers also move: TVS Motor ties up with IndianOil for last-mile LPG distribution, while Crompton wins a ₹64.99 crore MSEDCL solar pump order.

— Filed Thu, 9 Jul, 2026, 07:33 IST · Source The Hindu BusinessLine · Updated

M&M raises SUV prices 2.7% and CV prices 2% from July 10 to offset commodity costs. TVS Motor partners IndianOil for last-mile LPG distribution; Crompton wins ₹64.99 crore MSEDCL solar pump order.

Why this matters

The hike marks Mahindra's third FY price increase, joining an industry-wide wave, even as ICRA cuts FY27 tractor and two-wheeler forecasts on El Nino-linked rural demand risks.

Retail-brand signals accelerating at +271000% QoQ.