M&M to increase prices by up to Rs 8,000 from next month

Leading Auto major M&M on Mon said it will increase prices of most it’s products by approximately Rs 8,000 with result from Oct 1 because of higher raw material costs as well as execution of fresh emission norms.

“This raise will be in the range of Rs 3,000 to Rs 8,000 based on the model and will be effectual from Oct 1, 2010,” M & M said in a statement.

The firm attributed the rise of its traveler as well as commercial vehicles costs to greater raw-material costs and execution of Bharat Stage 3 emission norms from the following month across the nation.

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