Mahindra & Mahindra planning to launch another SUV product
Announcements, Automobiles May 29th, 2007 113 views
Mahindra & Mahindra planning to launch another SUV product
Mahindra & Mahindra is one of the leading domestic automobile manufacturer in India. The company has had good success with their Scorpio SUV.
They also recently went into a partnership with Renault and have launched the Logan sedan in the Indian market at attractive prices.
Now, M&M has announced their future plans which includes investments of Rs 2,000 crore on various plans.
Pawan Goenka, president of the company’s automotive division: “We are working on two new platforms, one is for an SUV (sports utility vehicle) that will take us slightly upmarket and the other is for a cargo and passenger vehicle.”
They also are working on plans to enter the US pick-up truck market. Goenka added: “We are working on the emission and safety norms for the truck, which will be based on the Scorpio platform.”
M&M however clarified that their upcoming SUV product for India is unlikely to be exported to other markets in the near future.
If this new SUV which will not be exported means that it will be below international quality.
Cheap material will be used for this SUV which will not last for a long time, just like cheap Fridge and washing machine are in the market now a days.