Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
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M&M launches Scorpio with Intelli-Hybrid technology

Date: 28-09-2016

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer has introduced its new mild hybrid technology ‘Intelli-Hybrid’ on the New Generation Scorpio with the 1.99 Litre mHAWK engine for Delhi and NCR. The Scorpio with Intelli-Hybrid is available at an attractive starting price of Rs. 9.35 lakh for the S4 model and will be on sale with immediate effect. Being a mild hybrid, the Scorpio will be sold with a concessional Value Added Tax (VAT) of 5% in Delhi which translates into a benefit of Rs. 60,000 to Rs. 90,000 for the customer, depending on the variant purchased.

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.