<p class="title">Mahindra & Mahindra on Friday said it will increase the price of its newly launched multi-purpose vehicle (MPV) Marazzo by Rs 30,000 to Rs 40,000 from January 1, 2019.</p>.<p class="bodytext">The Marazzo was launched in September with introductory prices starting at Rs 9.99 lakh and going up to Rs 13.90 lakh, depending on variants.</p>.<p class="bodytext">"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.</p>.<p class="bodytext">The new MPV has been co-designed by the Mahindra Design Studio and Italian design house, Pininfarina.</p>.<p class="bodytext">It has been engineered in collaboration with the Mahindra North America Technical Technical Centre and the Mahindra Research Valley, Chennai.</p>
<p class="title">Mahindra & Mahindra on Friday said it will increase the price of its newly launched multi-purpose vehicle (MPV) Marazzo by Rs 30,000 to Rs 40,000 from January 1, 2019.</p>.<p class="bodytext">The Marazzo was launched in September with introductory prices starting at Rs 9.99 lakh and going up to Rs 13.90 lakh, depending on variants.</p>.<p class="bodytext">"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.</p>.<p class="bodytext">The new MPV has been co-designed by the Mahindra Design Studio and Italian design house, Pininfarina.</p>.<p class="bodytext">It has been engineered in collaboration with the Mahindra North America Technical Technical Centre and the Mahindra Research Valley, Chennai.</p>