Mahindra launches mini MUV Quanto
Home-grown auto major Mahindra and Mahindra today launched its multi-utility vehicle, the Quanto. At under 4 metres, the Quanto is the smallest MUV in Mahindra's stable.
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Home-grown auto major Mahindra and Mahindra on Thursday launched its multi-utility vehicle, the Quanto.
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At under 4 metres, the Quanto is the smallest MUV in Mahindra's stable.
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The base version is priced at Rs. 5.82 lakh (ex-showroom, Thane), while the top-end model will set you back by Rs. 7.36 lakh.
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The Quanto is powered by a 1493 cc mCR100 diesel engine that produces peak power of 100 bhp at 3750 rpm, and maximum torque of 240 Nm at 1600-2800 rpm.
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The seven-seater will be available in six colours - Fiery Black, Java Brown, Mist Silver, Toreador Red, Rocky Beige and Diamond While.
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The Quanto has opened up a new segment in the Indian automobile market and has an opportunity to consolidate its presence before others jump in.
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Speaking at the launch, Pawan Goenka, president, automotive and farm equipment, said the Quanto should not face capacity issues the way XUV 500 did.
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He also added that the company was looking to set up a new plant, but refused to give more details.
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The smaller length of the Quanto means buyers will have to shell out only 12 per cent excise duty as compared the 27 per cent for larger vehicles.
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The company plans to export the vehicle to Europe and South Africa, said Pravin Shah, chief executive, automotive division.
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Mahindra's passenger car sales have outpaced that of local rivals such as Maruti Suzuki and Tata Motors thanks to huge demand for its new XUV 500 and its all-diesel line-up.
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