In response to rising production costs, Mahindra & Mahindra, the prominent Indian automotive manufacturer, has announced a price increase on its flagship SUV models – Scorpio-N, Thar, and XUV700. The adjustments, effective immediately, impact specific variants of these popular SUVs.
The XUV700 SUV has witnessed the most significant price surge, particularly the AX7 L petrol variant with a 7-seat configuration and manual gearbox, experiencing a substantial increase of ₹57,000. Similarly, the diesel variant of the same model, available with both manual and automatic transmissions, has seen a price hike of up to ₹53,000.
Interestingly, the price adjustments have not been uniform for the XUV700, with eight variants seeing reductions. The four entry-level petrol variants have experienced cuts of up to ₹15,000. The AX5 diesel variant, equipped with an automatic gearbox and 5-seat options, has seen the most substantial reduction of ₹21,000. The XUV700’s price range now spans from ₹13.99 lakh to ₹26.99 lakh (ex-showroom), with prices of seven variants remaining unchanged.
Moving to the Scorpio-N and Scorpio Classic models, all variants have experienced price hikes ranging from ₹1,000 to a maximum of ₹40,000. The Z8 7-seater variant with all-wheel drive (AWD) and automatic transmission retains its existing price at ₹23.08 lakh (ex-showroom). The most substantial price hike in this lineup has been on the Z8 L 6-seater variant with manual transmission in both petrol and diesel versions. The entry-level petrol Scorpio-N has seen a ₹34,000 increase, while the entry-level diesel variant’s price has been raised by ₹24,000. Consequently, the Scorpio-N SUV now starts at ₹13.60 lakh (ex-showroom) and goes up to ₹24.54 lakh (ex-showroom) for the top-end variant.
For the Thar SUV, Mahindra & Mahindra has increased prices across all variants. The AX(O) diesel manual variant has seen the most substantial increase, costing ₹35,000 more. Additionally, the top-end petrol variant LX with an automatic gearbox has witnessed a price hike of ₹34,000. Consequently, the starting price of the Thar now stands at ₹11.25 lakh (ex-showroom), while the top-end variant is priced at ₹17.20 lakh (ex-showroom).