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March 28, 2024, 05:42:30 PM
Funfani.com - Spreading Fun All Over!IMAGE CORNERWallpapers/Cool ImagesCar PicturesMahindra Enters Hatchback Market With Verito Vibe
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Author Topic: Mahindra Enters Hatchback Market With Verito Vibe  (Read 2049 times)
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Vince Keegan
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« on: June 28, 2013, 02:13:05 AM »



In the passenger car segment, which excludes utility vehicles and vans, the company last year held less than 1 per cent of the market.

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« Reply #1 on: June 28, 2013, 02:13:15 AM »



Having a presence in the small car market will be a positive if demand returns in the next fiscal year, but Mahindra will have to compete with established brands such as Maruti Suzuki and Hyundai Motor.
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« Reply #2 on: June 28, 2013, 02:13:27 AM »



The excise duty benefit for cars less than four metres in length applies for a diesel engine capacity of 1.5 litres or below, and a petrol engine capacity of 1.2 litres or below. Since the only petrol engine that Mahindra has is the 1.4-litre Renault engine, the company has not launched a petrol variant.
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« Reply #3 on: June 28, 2013, 02:13:39 AM »



Due to its smaller length and the 1.5-litre diesel engine, Mahindra will enjoy excise duty benefits on the car.
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« Reply #4 on: June 28, 2013, 02:13:49 AM »



The Vibe comes in three variants, all diesel, and is powered by the same 1.5-litre engine that does duty on the Verito.
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« Reply #5 on: June 28, 2013, 02:14:14 AM »

Mahindra enters small car market with Verito Vibe



Mahindra and Mahindra, India's largest sports utility vehicle maker, has made its first push into the country's small car market with the launch of the Verito Vibe.
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