Mahindra hikes prices of flagship SUV Bolero by ₹22,000: Report

According to report, the prices of Bolero B4 and B6 variants have gone up by ₹20,701 and ₹22,000 respectively. On the other hand, the prices of Mahindra Bolero N4, N10 and N10(O) have been increased by ₹18,800, ₹21,007 and ₹20,502 respectively.

Published on: Sep 20, 2022, 16:39:55 IST

By HT News Desk | Written by Aryan Prakash

Prefer HTon Google

Share via

Copy link

Automobile giant Mahindra & Mahindra has hiked the price of its most popular sports utility vehicle (SUV). The prices of flagship SUV Bolero have been increased by up to ₹22,000, Hindustan Times sister website Live Hindustan reported.

According to report, the prices of Bolero B4 and B6 variants have gone up by
₹20,701 and ₹22,000 respectively. On the other hand, the prices of Mahindra Bolero N4, N10 and N10(O) have been increased by ₹18,800, ₹21,007 and ₹20,502 respectively.

This SUV has now been redesigned with new twin peaks logo front grill, new wheel hub caps, new tailgate and new steering wheel. After hike, the cost of Mahindra Bolero Neo range is between ₹9.48 lakh-11.99 lakh (ex-showroom).

The Mahindra Bolero SUV has a 1.5 litre diesel engine which generates power of 75 bhp and torque of 210 Nm. The powertrain has been attached with a five-speed manual gearbox. On the other hand, Mahindra Bolero Neo has a 1.5 litre diesel motor, which generates power of 100 bhp and peak torque of 240 NM. It's engine is also attacked with a five-speed manual gearbox, the Live Hindustan report stated.

The Mahindra Bolero SUV has a 1.5 litre diesel engine which generates power of 75 bhp and torque of 210 Nm

Recently, Mahindra had increased the prices of XUV 700 and Thar by ₹37,000 and ₹28,000 respectively. The prices of petrol variant for XUV700 have been increased by ₹22,000-35,000 while the price hike for diesel variant is between ₹20,000 and ₹37,000. This is the third price hike for both the SUVs this year. The price rise has been attributed to the rise in demand and the increasing production cost.

The company has also made its foray into the electric vehicle segment with XUV400 EV. It will be introduced in the market in 2023. Mahindra XUV400 EV will compete against Tata Nexon EV Prime and Nexon EV Max.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More