Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
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M&M plans to roll out two more passenger cars/utility vehicles in FY16

Date: 08-01-2016

Mahindra & Mahindra (M&M) is planning to roll out two more passenger cars/utility vehicles this financial year, thereby completing the planned launch of 10 vehicles during 2015-16. While the first one will be KUV 100 to be launched on January 15, it will be followed by the launch of new Quanto. While the KUV 100 will come packed with a petrol engine option as well, which will help M&M make its debut with a petrol engine vehicle, the Quanto will be upgraded.

Recently, the company launched premium pickup Imperio, its eighth product to be rolled out during this financial year. Available in four variants (two single-cabin options and two double-cabin options) and in three colours, Imperio's prices range from Rs 6.71 lakh to Rs 7.35 lakh (ex-showroom, Warangal in Telangana).

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.