Mahindra TUV300 was much in favor among buyers during the recent festive season. Ever since launch of the product in September 2015, the company has noted overwhelming response from buyers with total bookings having now crossed the 16,000 unit mark. Deliveries of 12,700 units have been completed while the company states that production will be boosted to keep up with demand and ensure shorter waiting periods.
Mahindra TUV300 sales have given the company a boost in market share along with the other SUVs like the Bolero, Scorpio and XUV500. Mahindra reveals that the TUV300 AMT variant is much more in demand than expected. In order to meet this increase in demand for Mahindra TUV300 AMT, the company is planning on new strategies.
Part of a project which has seen an investment of INR 1,500 crore, Mahindra TUV300 is built on a new platform, which will form the basis of many future Mahindra cars. Speaking about the AMT unit, it is developed in-house by Mahindra with help from Ricardo.
Mahindra TUV300 features a new 1.5 liter mHawk 80 three cylinder engine capable of 84 bhp power and 230 Nm torque mated to a 5 speed manual transmission. This same engine is also offered with 5 speed AMT transmission, with reduced peak power of 81 bhp.
Mahindra TUV300 is being offered in India in a choice of 7 variants in a price range from INR 6.98 lakhs to INR 9.20 lakhs. Mahindra and Mahindra have also announced taking the TUV300 to Nepal where it will be sold through local dealers Agni Incorporated. Even as the company has stated that all variants will not be launched in Nepal prices will range between NPR 3.3 to 3.8 million (INR 20.6 to INR 23.7 lakhs). After Nepal, Mahindra plans to export TUV300 to more markets, including Europe, Africa and South America.
Also Read – Anand Mahindra buys new TUV300
Upcoming Mahindra launches includes the new XUV100, and Quanto facelift. The former was spied completely undisguised earlier today when it was out for a TVC shoot.