Mahindra has announced that effective July 1, 2019, it will increase the price of all its passenger vehicles by up to Rs. 36,000 across mode...
Mahindra has announced that effective July 1, 2019, it will increase the price of all its passenger vehicles by up to Rs. 36,000 across models. This price increase is due to the implementation of AIS 145 Safety Norms across all passenger vehicles in India. The implementation of AIS 145 Safety Norms from July 1, 2019 mandate the fitment of several safety features including driver airbag, seat belt reminder for driver and co-driver, rear parking sensors and an over speed alert for the driver across all passenger vehicle models.
The price of the KUV100 NXT will be increased among others
Mahindra SUVs that will take a substantial price increase are the Scorpio, Bolero, TUV300 and KUV100 NXT, while brands such as the XUV500 and Marazzo will see a marginal hike in prices. There will be no changes in the prices of the XUV300 as it already comes equipped with these safety features.
Rajan Wadhera, President - Automotive Sector, M&M Ltd., "At Mahindra safety has been at the core of our product development process and we welcome the regulatory requirements relating to safety upgrades. We value every road user's life and have been effectively contributing to the evolving safety ecosystem. However, the safety regulatory requirement has led to some cost increases. Consequently, we are taking a price hike across some of our passenger vehicles, effective July 1, 2019."
from NDTV CarAndBike - Latest News http://bit.ly/2KYPDeZ
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