Mahindra & Mahindra is working on the sub-4metre Bolero, which will be made its launch in the second half of this year with the target sales of 25,000 units, according to Economic Times. The domestic carmaker is interested in offering the compact vehicles and petrol versions with the effective design in the domestic market. In the part, the company is planning to work on the small petrol engines with the investment Rs.1000crore. As you know, the KUV 100 is introduced with the small mFalcon engines.
With the Supreme Court’s order of registration ban on heavy vehicles that integrated with the above 2.0-litre engines, Mahindra has been launched the XUV 500 and Scorpio with the down-sized 1.99-litre diesel engine. It was the surprising news at that time as the company released downsized utility vehicles within three to four weeks of the period since the announcement. To prohibit from this kind of regulations, the company has been decided to downsize the existed popular models. At the present, Mahindra Bolero is readying to take makeover with the sub-4metre chassis, downsized engine and extra design elements.
The Mahindra Bolero will be the fourth sub-4metre vehicle in the Mahindra’s portfolio, the TUV 300, KUV 100 and the upcoming NuvoSport are the first, second and third sub-4metre cars. The Mahindra TUV 300 is the inspirational model for all these as it has been accepting by all kinds of buyers with the classy design featuring the advanced equipment and mechanical specifications, including small engines and automatic transmission option.
The upcoming Mahindra Bolero, codenamed as U108, will hit the market in the second-half of 2016 with around 25,000 volume target per a year. Apart from this, the Mahindra Bolero is one of the 10 best-selling SUVs in India. 2016 is expected to be the sixth consecutive year for Mahindra Bolero, which is the seventh highest selling vehicle in the total of passenger vehicles in the domestic market.
The outgoing Bolero is 4.17-meter in length and integrated by the 2.5-litre diesel engine while the downsized SUV will feature the sub-4metre length (less than 4 metres) and small 1.5-litre engine. As an immediate plan, the small Bolero will be launched but, all-new Mahindra Bolero will hit the passenger vehicle market in the period of around 2018 to 2019 with the next-generation regulations and features. To keep the Bolero brand name alive up to 2018, the company has decided to introduce the small Bolero as an intermediate action plan.
Launched more than a decade back, the Mahindra Bolero has been continuing the average monthly sales of around 7,000 units. The SUV contributes approximately 30 percent of volume share in Mahindra’s monthly sales. This attempt will increase the brand popularity as well as the familiarity of Mahindra in the home and global markets also. It will be offered with an affordable price range to reach all kinds of Indian buyers.
Sub-4m Bolero SUV Launch: Second-half of 2016
All-new Bolero Launch: 2018 or 2019
Mahindra’s NuvoSport sub-4metre SUV (Quanto facelift) is set to introduce on April 4th, 2016 in the domestic market.