Mahindra & Mahindra unveils new Bolero MaXX Pik-Up at Rs 7.68 lakh
PTI, Aug 11, 2022, 10:02 AM IST
Image Source: ZeeBiz.com
Mahindra and Mahindra on Wednesday unveiled its latest light commercial vehicle MaXX Pik-Up, equipped with a host of features as the auto-major aims to boost market share in the segment.
The LCV has been introduced in the 2 to 3.5 tonne category priced from Rs 7.68 lakh to Rs 7.87 lakh (ex-showroom) pan-India.
Mahindra and Mahindra Ltd Senior Vice President, Venkat Srinivas said the vehicle is manufactured at the company’s facility in Chakan near Pune, with ‘significant investments’ going into the product development. ”The vehicle is designed for intra-city application.. we have 43 per cent market share in two- 3.5 tonne segment in southern region. We want to increase it…” he told reporters.
According to a company official, the total industry volume comprises 8,000 units in southern region in the 2 to 3.5 tonne category.
Mahindra and Mahindra Ltd, Zonal Head Sales (South), Baneswar Banerjee said there is possibility of introducing new products in this platform, with much better payload, but declined to elaborate.
The Bolero MaXX Pik-Up comes with 1,300 kgs payload, offers 1,700 mm widest cargo in the segment and R15 tyres for improved loading.
To a query, Venkat Srinivas, who is also the Head-Product Development, Commercial Vehicles, Automotive division, said the vehicle comes with a host of features including service interval at every 20,000 kms, warranty of three years or one lakh kilometres, iMaxx technology offers comfort, safety and savings to customers.
The vehicle is offered in three variants priced at Rs 7.68 lakh for base model, Rs 7.72 lakh for the mid variant and Rs 7.87 lakh for top-end, he said.
The company has tied-up with several financial institutions and the vehicle was available with a low down payment of Rs 25,000.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Royal Enfield forays into electric bike segment; unveils first model under Flying Flea brand
Maruti Suzuki looks to cash in on ‘few lakh marriages’ in Nov to carry festive sales momentum
Auto sales grow in mid-to-high single digits during Navratras, rural sales muted: Report
Car makers witness record sales on Dhanteras; Oct bookings up by 30%
State not empowered to frame rules for motor driving schools: HC
MUST WATCH
Latest Additions
Temple idols found desecrated in Hyderabad, case registered
Rebels to be shown the door: Maharashtra BJP chief Bawankule
Rohit Shetty says ‘Singham Again’ his fastest Rs 100 crore film, thanks audience for support
SC junks plea against quashing of LOC issued to ex-house help of Sushant Singh Rajput
People of Wayanad will ask me not to come there often: Priyanka Gandhi
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.