Mahindra raises prices for some vehicles by 0.5 pct

Last Updated: Mon, Jul 01, 2013 07:33 hrs
Mahindra launches new SUV

Mahindra & Mahindra Ltd has raised prices of some vehicles by an average 0.5 percent due to increased input costs, effective July 1, its automotive division Chief Executive Pravin Shah told reporters on Monday.

Earlier in the day, India's largest sports utility vehicle maker said its June sales fell nearly 8 percent compared with a year ago.

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