Mahindra and Mahindra recently announced the launch date for the NuvoSport compact SUV that would replace the Quanto. While the NuvoSport will be launched on 4th April, Mahindra seems to be silently working on another upcoming model slated to hit the market by the end of the year. Reports suggest that the company is working on a smaller and more compact version of the Bolero.
Swinging into action after the Supreme Court suspended registration of diesel vehicles with engines above 2000cc, the company is now readying a bolero with a sub 2 litre engine. Reports suggest that Mahindra plans to keep costs low by saving on the extra tax introduced on SUV’s to this top selling model of the company.
Said to be launched in the second half of this year, the company is reportedly working on a yearly volume potential of 25,000 units. Reports further suggest that the U108 will be introduced to keep the Bolero brand alive before a completely new model arrives in the market while meeting the upcoming crash regulations.
Code-named U108, the sub four metre version of the Bolero will expand the company’s current compact SUV range which currently includes the TUV300 and the KUV100 apart from the upcoming Nuvosport which will be launched soon. The Bolero still manages to garner sales of about 7000 units a month even though it has been in the market for more than a decade now. The model also accounts for 30% of the company monthly volume which is why it is considered to be the top selling model from Mahindra.
What do you think about this sub four metre Bolero? Do you think it will be able to replicate the success of its elder sibling? Let us know your opinions through the comments section below or via our social media channels.
Source: Economic Times