Home grown auto major Mahindra and Mahindra (M&M) today spurred off a price war in the utility vehicle market with the launch of compact-utility vehicle Quanto tagged between Rs 5.82 lakh and Rs 7.36 lakh.
The Quanto, the smallest UV in the M&M portfolio, will take on the likes of Maruti Suzuki Ertiga and Renault Duster which have taken the market by storm in recent months. While life-utility vehicle Ertiga is priced upwards of Rs 5.89 lakh, Renault Duster kicks off at Rs 7.19 lakh (ex-showroom, Delhi).
Text: Business Standard
Images: Mahindra and Mahindra