Mahindra may discontinue Xylo, Verito, Nuvosport by 2020
In the next 18-24 months, Mahindra plans to rearrange its product portfolio that will see the introduction of new SUVs and the phasing out of older models.
Mahindra, the utility vehicle specialist of the country, is all set to take some major decisions that will see their slow-selling models getting discontinued. The Mumbai-based automaker is currently going through a transition phase on the product launch front and getting prepared for the stricter Bharat Stage VI emission norms that will come into effect on April 1, 2020.
"We have to meet BS-VI in all of our products. We have already made a decision on dropping some products when we go to BS-VI, which are low volume products. And we have to invest in all the safety regulations that are coming in and therefore there is no letting up of investment in those areas," Mahindra MD Dr . Pawan Goenka was quoted in the report.
It has been also reported that by the end of the fiscal year 2018-19, Mahindra and Mahindra will launch a total of four new models in te country. First in line is going to be the codenamed U321 MPV. The said MPV will find its place in the premium segment and rival against the Toyota Innova Crysta. However, it is not going to launch until the first quarter of 2018. Mahindra is likely to make this MPV feature rich and a notch up in terms of premium attributes. As a result, prices are likely to fall above the INR 14 lakh mark.
Upcoming Mahindra Cars/SUVs In India
Name of the vehicle Expected Launch date
Mahindra U321 MPV April/May 2018
Mahindra S201 September/October 2018
Mahindra KUV100 electric November 2018
Mahindra Rexton G4 SUV December 2018/January 2019
Mahindra-Ford Partnership
By 2020 expect to see a new product coming out as a result of the partnership between Mahindra and Ford. The partnership between Ford and Mahindra will seek the benefits of Ford’s global reach and expertise and Mahindra’s scale in India and its successful operating model. Both the companies are working together for new product development, electric mobility, and connected vehicle projects.
First published: 20 February 2018, 18:03 IST