Mahindra & Mahindra Marazzo to get costlier by up to Rs 40,000 from Jan 1

The Marazzo was launched in September with introductory prices starting at Rs 9,99,000 and going up to Rs 1.39 million, depending on variants

M&M Executive Chairperson Anand Mahindra with Managing Director Pawan Goenka at the launch of Mahindra Marazzo multi-purpose vehicle, in Nashik on Monday. The car's prices starts from Rs 999,000 | Photo: PTI
M&M Executive Chairperson Anand Mahindra with Managing Director Pawan Goenka at the launch of Mahindra Marazzo multi-purpose vehicle, in Nashik on Monday. The car’s prices starts from Rs 999,000 | Photo: PTI
Press Trust of India New Delhi
Last Updated : Nov 16 2018 | 3:03 PM IST

Mahindra & Mahindra on Friday said it will increase price of its newly launched multi-purpose vehicle (MPV) Marazzo by Rs 30,000 to Rs 40,000 from January 1, 2019.

The Marazzo was launched in September with introductory prices starting at Rs 9,99,000 and going up to Rs 1.39 million, depending on variants.

"As mentioned at the launch, the price of Marazzo was an introductory one. Effective January 1, 2019, we will be taking a price hike on the Marazzo, after a reasonable period of four months from its launch," Mahindra and Mahindra Chief of Sales and Marketing Automotive Division Veejay Ram Nakra said in a statement.

The new MPV has been been co-designed by the Mahindra Design Studio and Italian design house, Pininfarina.

It has been engineered in collaboration with the Mahindra North America Technical Technical Centre and the Mahindra Research Valley, Chennai.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 16 2018 | 2:15 PM IST

Next Story