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
Passenger vehicle wholesales up marginally at 3,93,238 units in Oct: SIAM
HMSI recalls GL1800 Gold Wing units to fix faulty component
Hero MotoCorp looks to scale up EV biz, lines up new models
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
MUST WATCH
Latest Additions
No one has right to break law: BJP on Sambhal violence
Ullal: Auto-rickshaw accident near Konaje claims driver’s life
Congress victory in bypolls not a clean chit to CM in MUDA case: R Ashoka
IPL 2025 | Got someone who can do captaincy job: Ricky Ponting on Shreyas Iyer
Will review INDI alliance’s dismal performance in Maharashtra, says Tejashwi Yadav
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.