Reported in The Economic Times, Indian car and truck prices will increase by RS 20,000 (~USD $430 today) in the new year due to escalating raw material costs.
As reported on MP last week, it is unclear if the increases in raw material costs will be reflected in the suggested retail prices of US-bound Mahindra TR20 and TR40 pickup trucks. The stagnant Mahindra North America (MahindraNA.com) website has not officially listed retail pricing structure for the US product range. Pricing is pure speculation at this stage.
It is expected that Mahindra will launch the TR20 and TR40 diesel pickups in February of 2010.
The article with quotes from Pawan Goenka can be found: Here (pop-up warning!)