This account is best suited for you, if you want to sell just one or may be a few vehicles. It’s the ideal choice for individuals who want to sell online.
This type of account is best suited for you, if you want to sell multiple vehicles. It’s the ideal choice for dealers or companies that intend to sell online or already selling online
The automaker said the 2 percent hike in cost of passenger vehicles is because of a rise in commodity prices.
Mahindra & Mahindra (M&M) has stated that it will increase prices of its passenger vehicles by up to Rs 30,000 or 2 percent, effective August 2018.
Rajan Wadhera, president (Automotive Sector), Mahindra & Mahindra, said, “With the ongoing increase in commodity prices we plan to take a price hike of up to 2 percent in some models.”
Based on SIAM’s quarterly review data, commodity prices are on the uptick with key raw materials, including HR steel (+3.20 percent), CR steel (+3.97 percent), pig iron (+3.41 percent) and virgin aluminium (+9.26 percent) escalating significantly between March and May 2018 – these affect manufacturing costs for Mahindra.
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Published On : 27 June 2020
A round up of all that happened this week in the auto sector.
