Yes, Mahindra & Mahindra is working hand in hand with its subsidiary SsangYong Motor Co. to come out with an innovative mini SUV under Rs 4 lakh.
The new SUV code-named 'Mahindra S101' will be a compact SUV and will be in the jaw-dropping price range of Rs 3 lakh-Rs 5 lakh.
Among workers, this car under production is popular as the 'Nano SUV' emphasing the compactness of the SUV.
One unique attribute of this SUV is the length of Mahindra S101.
Sources reveal that Mahindra will deliberately keep the length of S101 at less than 4 metre, so as to avoid the excessive excise duty.
The Government of India levies 10% excise duty on sub-four meter length vehicles as compared to the 22% duty on the larger vehicles.CarDekho.com is the best online portal for information on newcars, used cars and to sell car in India. Your decision on car trade is made simpler with features like Comparing cars, discounts, exact on-road prices, user & expert reviews, car community and so on. Keep yourself updated for more details on New Maruti Swift, Mahindra Xylo Mini, Hyundai EON, Honda Brio, Mahindra XUV 500, Tata Merlin, Nissan Sunny, Ford Figo, Renault Koleos, Skoda Rapid and Mahindra Ssangyong S101 at CarDekho.com.