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After taking the industry by surprise by launching the Scorpio and XUV 500 with a trimmed down engine within weeks of the Supreme Court suspending registration of diesel vehicles strapped with engines above 2 litres, Mahindra is now giving a makeover to the Bolero. The plan is to ensure that the extra tax introduced on big-size SUVs does not apply on the rural workhorse that is still the company's top selling model.
It is developing a new Bolero that will stretch less than four metres and sport a 1.5-litre engine. The move will mean it will attract lower levies than the current model, which is 4.17-meter long and is powered by a 2.5-litre diesel engine.
Internally codenamed U108, the new Bolero will expand the subfour-metre utility vehicle range at M&M to four: Bolero, TUV 300, KUV 100 and Nuvo Sport, which will be launched shortly.
It is likely to be launched in the second half of 2016 and the company is working on a volume potential of 25,000 units a year. Interestingly, the U108 is an intermediate action plan from Mahindra to keep the brand alive before an all-new Bolero hits the market around 2018-19 to meet the new crash regulations.
Apart from U108, Mahindra is also working on a 7-seat version of the TUV 300, called U302, to keep the action alive, before new products from its North America Technical Centre are ready by 2017-18. The products in the pipeline include the U321, which will compete with the Toyota Innova, as well as the U341.
http://auto.economictimes.indiatimes.com/news/passenger-vehicle/uv/mahindra-mahindra-shrinking-bolero-for-lower-levies/51593371
It is developing a new Bolero that will stretch less than four metres and sport a 1.5-litre engine. The move will mean it will attract lower levies than the current model, which is 4.17-meter long and is powered by a 2.5-litre diesel engine.
Internally codenamed U108, the new Bolero will expand the subfour-metre utility vehicle range at M&M to four: Bolero, TUV 300, KUV 100 and Nuvo Sport, which will be launched shortly.
It is likely to be launched in the second half of 2016 and the company is working on a volume potential of 25,000 units a year. Interestingly, the U108 is an intermediate action plan from Mahindra to keep the brand alive before an all-new Bolero hits the market around 2018-19 to meet the new crash regulations.
Apart from U108, Mahindra is also working on a 7-seat version of the TUV 300, called U302, to keep the action alive, before new products from its North America Technical Centre are ready by 2017-18. The products in the pipeline include the U321, which will compete with the Toyota Innova, as well as the U341.
The U215, or all-new Quanto (now called Nuvo Sport), only has a lifecycle of 24-36 months
http://auto.economictimes.indiatimes.com/news/passenger-vehicle/uv/mahindra-mahindra-shrinking-bolero-for-lower-levies/51593371
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