Mahindra to increase price of 'Marazzo' from January

Mumbai, Nov 16 (IANS) Mahindra & Mahindra on Friday announced that from January 1, 2019, it will increase the price of its multi-purpose vehicle (MPV) "Marazzo" by Rs 30,000 to Rs 40,000."As mentioned at the launch, the price of Marazzo was an introductory one. Effective January 1st 2019, we will be taking a price hike on the Marazzo, after a reasonable period of 4 months from its launch," said Veejay Ram Nakra, Chief of Sales and Marketing - Automotive Division, Mahindra & Mahindra.Marazzo has 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 Centre and the Mahindra Research Valley, Chennai.
--IANS rv/nir