Mumbai-based auto maker Mahindra & Mahindra has announced a price rise of up to 3 per cent across its passenger vehicle, commercial vehicle and tractor range, effective from next month.

“Mahindra & Mahindra today announced that it would be raising the prices of its products by up to three per cent depending on models. This price rise has been necessitated due to the rising input costs over the last few months,” a company statement said.