The king maker of the giant models of cars, Mahindra & Mahindra is back with boom- an all-new SUV. This follows suit the enchanting sale of Scorpio in the Indian market. The new venture will invite Rs700-Rs800 crore and is a conviction to recover from the grips lost on Jaguar and LandRover to Tatas.
The new car, according to the company’s C and MD, will pay rich dividends with its features and will prove its worth for the money. The vehicle will be designed and built in the company’s Chakan plant and will be on the lines of Scorpio in terms of price. The unconfirmed reports indicate that despite company’s focus on SUV, the car will be in the same identity of a car polished on a SUV, simply a crossover similar to BMW X3, Honda CR-V, Nissan Rouge and Toyota Highlander.
The car will execute total flexibility in terms of market needs. Being right-hand drive/left hand drive, the basic body will be the same and will fulfil safety requirements. The car is fuel variant – petrol or diesel. The product will be made available in overseas as well as India priced @Rs10lak +.