Indian auto major, Mahindra and Mahindra (M&M) would be launching its new SUV as Quanto in September this year. Built on Xylo platform, Quanto has less than 4 meter lengths making it qualify for reduced rate of excise duty.
The new SUV is expected to be competitively priced which my start from Rs 4 lakh slab. The 7-seater vehicle would be equipped with 1.5 liter m-Hawk CRDe diesel engine with a power of 100 Bhp.
With a launch of Quanto, M&M would become only automobile company in India offering utility vehicles across all segments. The company already has the portfolio of Bolero, Xylo, Scorpio and XUV500.
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