LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Automobile News

Mahindra & Mahindra plans to expand KUV100, TUV300 product range

Utility vehicles major Mahindra & Mahindra (M&M) plans to drive in multiple versions of its entry-level models KUV100 and TUV300, catering to different sets of customers, a senior company official said.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Mahindra & Mahindra plans to expand KUV100, TUV300 product range
With BS-VI norms coming in, the company is also looking at entire strategy for drivetrains for all its products in terms of fuel options. Image Source: Reuters
Written By: PTI
Updated: Mon, Sep 24, 2018
01:01 pm
New Delhi, PTI
RELATED NEWS
Mahindra and Mahindra (M&M) share price: Sharekhan retains Buy rating with revised price target of Rs 1000 Mahindra and Mahindra (M&M) share price: Sharekhan retains Buy rating with revised price target of Rs 1000
1,577 units of Mahindra Thar recalled - Here is the reason 1,577 units of Mahindra Thar recalled - Here is the reason
M&M would list 8 of 10 growth champs in next three years: Dr. Anish Shah, Deputy MD and Group CFO M&M would list 8 of 10 growth champs in next three years: Dr. Anish Shah, Deputy MD and Group CFO
FORD-MAHINDRA - Covid 19 takes a toll as auto joint venture called off; This is what companies said! FORD-MAHINDRA - Covid 19 takes a toll as auto joint venture called off; This is what companies said!
Mahindra Thar bookings cross 9,000 mark in just 4 days; starting price of SUV Rs 9.8 lakh Mahindra Thar bookings cross 9,000 mark in just 4 days; starting price of SUV Rs 9.8 lakh

Utility vehicles major Mahindra & Mahindra (M&M) plans to drive in multiple versions of its entry-level models KUV100 and TUV300, catering to different sets of customers, a senior company official said. Looking at the two brands as "long term and strategic", the company is investing in new technologies, including making the products confirm to BS-VI emission norms. 

Besides an updated version of TUV300 next year, M&M is gearing up to introduce an electric version of KUV100 as well. The company also plans to launch a diesel version of KUV100, mated with an automated manual transmission (AMT), in the current fiscal. 

"We always said that we want to be full range SUV player and both these products (TUV300 and KUV100) are very important for us," M&M Chief of Sales and Marketing (Automotive Division) Veejay Ram Nakra told PTI. 

Elaborating on the importance of the two products, he said that besides making them BS-VI compliant, the company is also investing to make them meet all safety regulations which come into force from October 2019. 

Commenting on TUV300 range, Nakra said a facelift of the model would be introduced next year. "We are investing substantially not only on the styling part but there would also be change in terms of technology and engineering to make it a better product," Nakra added. 

The company sells around 3,000 units of the model per month and with seven-seater TUV300 Plus coming in, the Mumbai-based company is now eyeing monthly sales of around 4,000, he added. 

Commenting on KUV100, Nakra said the company has long-term plans for the model. "It is just not going to be an entry-level model from us but also going to have an electric version going ahead," Nakra said. 

When asked if the company is planning to bring in electric variants for all its SUVs going ahead, he added: "There has to be an economics to the platform for the electric version in terms of range, price for customer."

"The moment you look at larger heavier SUVs it becomes difficult from economics point of view...But for now KUV is the first SUV on electric that we will offer to the market," Nakra said. 

Watch This Zee Business Video Here:

With BS-VI norms coming in, the company is also looking at entire strategy for drivetrains for all its products in terms of fuel options, he added.  

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Mahindra and Mahindraautomated manual transmission
RELATED NEWS
Mahindra and Mahindra (M&M) share price: Sharekhan retains Buy rating with revised price target of Rs 1000 Mahindra and Mahindra (M&M) share price: Sharekhan retains Buy rating with revised price target of Rs 1000
1,577 units of Mahindra Thar recalled - Here is the reason 1,577 units of Mahindra Thar recalled - Here is the reason
M&M would list 8 of 10 growth champs in next three years: Dr. Anish Shah, Deputy MD and Group CFO M&M would list 8 of 10 growth champs in next three years: Dr. Anish Shah, Deputy MD and Group CFO
FORD-MAHINDRA - Covid 19 takes a toll as auto joint venture called off; This is what companies said! FORD-MAHINDRA - Covid 19 takes a toll as auto joint venture called off; This is what companies said!
Mahindra Thar bookings cross 9,000 mark in just 4 days; starting price of SUV Rs 9.8 lakh Mahindra Thar bookings cross 9,000 mark in just 4 days; starting price of SUV Rs 9.8 lakh

LATEST NEWS

Patient dies after receiving AstraZeneca vax in S.Korea

EPFO members alert! Some say National Pension System is better than EPF, VPF; know what NPS calculator says

NEET 2021 exam date latest news: Candidates check this big update

HPCL Recruitment 2021: Salary CTC up to Rs 33.95 lakhs - PDF download, Syllabus, Apply Online, Without/Through GATE, Exam Date, Age Limit and more

Yes Bank Share price I Anand Rathi maintains Sell rating with price target of Rs 14

Stocks to buy with Anil Singhvi: Sandeep Jain recommends Gulf Oil Lubricants India today

Insurance alert! Big decision by Modi government to facilitate resolution of complaints - All you need to know

PUBG Update: PUBG New State game may launch in India? Details here

ICSE CBSE Board Exam 2021: Top 5 exam tips for ICSE CBSE board exam students

EPFO members alert! Want to change mobile number in EPF passbook online; do this at epfindia.gov.in

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved