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

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

Bad timing: Fraudsters call senior Indore cop during press briefing to pull off ‘digital arrest’

Kangana says MVA lost in Maharashtra because it disrespected women

Ranbir Kapoor says he would love to remake grandfather Raj Kapoor’s ‘Shree 420’

I played with fearless mindset, took brave decisions: Yashasvi Jaiswal

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

Coconut Flower

Prakash Belawadi

Naxal Leader Vikram Gowda

Christmas Cake Fruit Mixing

DK Shivakumar


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.