Delhi Auto Expo: M&M unveils concept coupe XUV Aero, SUV Tivoli
The auto major has also launched a sports version of its electric car e20 Sports and a new range of trucks under the brand name Blazo.
Mahindra and Mahindra (M&M) on Thursday unveiled its all new concept coupe XUV Aero and its Korean arm SsangYong Motor's compact SUV Tivoli.
The auto major has also launched a sports version of its electric car e20 Sports and a new range of trucks under the brand name Blazo.
The company will be investing Rs 500-600 crore to launch new products in trucks segment in the next two years. The Mumbai-based company also aims to increase its market share in the commercial vehicle segment to 5% in two years from the current 3.5%.
"Mahindra is constantly trying to push the boundaries of technology and innovation while developing new mobility solutions," Mahindra Group Chairman Anand Mahindra told reporters at the Auto Expo 2016.
The company is particularly proud of Aero which represents a paradigm shift in the automaker's design philosophy, he added. "SsangYong's new Tivoli compact Sports Utility Vehicle (SUV), which is a big success in its home market of Korea, is its first brand new product post-Mahindra's acquisition," Mahindra said.
The XUV Aero crossover coupe concept comes with 210 HP engine aided by multiple drive and suspension modes. The company also showcased its Design Studio which has been created with an intent to enhance consumer engagement with Mahindra's design thought process for its products.