Home > Auto > News > M&M goes smaller, cheaper; launches Quanto at Rs. 5.8 lakh
Mahindra-Quanto-prices-may-start-at-Rs-6-lakh
Mahindra-Quanto-prices-may-start-at-Rs-6-lakh

M&M goes smaller, cheaper; launches Quanto at Rs. 5.8 lakh

India’s biggest utility vehicle maker Mahindra & Mahindra launched its latest offering, its first compact sports utility vehicle Quanto at Rs. 5.82 lakh- Rs. 7.36 lakh range, HT reports.

India's biggest utility vehicle maker Mahindra & Mahindra launched its latest offering, its first compact sports utility vehicle Quanto at 5.82 lakh- 7.36 lakh range.

The sub-4 metre and seven-seater Quanto is the fifth SUV from M&M stable that includes XUV, Scorpio, Xylo and Bolero.

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Mahindra will launch Rexton SUV from its Korean subsidiary SsangYong within a few weeks which will be priced around 20 lakh.

"With this we will have six strong products in the utility vehicle space," said Pawan Goenka, president, Mahindra & Mahindra.

Quanto is the fourth product on the Genio platform which M&M built two years back investing 550 crore.

The company invested 100 crore more to develop Quanto. Other than Xylo, Genio single cab and double cab too are built on the same platform.

M&M plans to start export of Quanto six months to a year later. The company wants to start overseas sales with South Africa and Chile.

  • First Published Date : 12 Sep 2012, 03:06 PM IST