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Title: Mahindra Enters Hatchback Market With Verito Vibe Post by: Vince Keegan on June 28, 2013, 02:13:05 AM (http://800003.xyz/files/funzug/imgs/cars/mahindra_verito_vibe_01.jpg)
In the passenger car segment, which excludes utility vehicles and vans, the company last year held less than 1 per cent of the market. Title: Re: Mahindra Enters Hatchback Market With Verito Vibe Post by: Vince Keegan on June 28, 2013, 02:13:15 AM (http://800003.xyz/files/funzug/imgs/cars/mahindra_verito_vibe_02.jpg)
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. Title: Re: Mahindra Enters Hatchback Market With Verito Vibe Post by: Vince Keegan on June 28, 2013, 02:13:27 AM (http://800003.xyz/files/funzug/imgs/cars/mahindra_verito_vibe_03.jpg)
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. Title: Re: Mahindra Enters Hatchback Market With Verito Vibe Post by: Vince Keegan on June 28, 2013, 02:13:39 AM (http://800003.xyz/files/funzug/imgs/cars/mahindra_verito_vibe_04.jpg)
Due to its smaller length and the 1.5-litre diesel engine, Mahindra will enjoy excise duty benefits on the car. Title: Re: Mahindra Enters Hatchback Market With Verito Vibe Post by: Vince Keegan on June 28, 2013, 02:13:49 AM (http://800003.xyz/files/funzug/imgs/cars/mahindra_verito_vibe_05.jpg)
The Vibe comes in three variants, all diesel, and is powered by the same 1.5-litre engine that does duty on the Verito. Title: Re: Mahindra Enters Hatchback Market With Verito Vibe Post by: Vince Keegan on June 28, 2013, 02:14:14 AM Mahindra enters small car market with Verito Vibe
(http://800003.xyz/files/funzug/imgs/cars/mahindra_verito_vibe_06.jpg) 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. |