Mahindra & Mahindra, India’s leading SUV manufacturer is planning to roll-out its smallest utility vehicle - Quanto on September 20. The company aims to sell 2,000 units a month in first few months. New Quanto measures less than four meters in length, based on Mahindra's Ingenio vehicle platform. Currently, M&M manufactures the Xylo utility vehicle on the same Ingenio platform.
The company also plans to introduce the Rexton SUV - which will be the first vehicle from its South Korean acquisition, Ssangyong Motor Co - before India's upcoming festival season.
The company has maintained its leadership position in the tractor industry in August 2012. Total tractor sales (domestic + exports) in August 2012 stood at 13,234 units, marginally down by 17.30% as against 16,003 units for the same period last year.
