Mahindra & Mahindra, part of the $15.9-billion Mahindra Group, has received more than 10,000 bookings for its compact sports utility vehicle Quanto. The auto-maker had opened bookings for the vehicle from September 21, 2012, across the country.
“This strengthens our belief that the Quanto will create a new category within the SUV segment with its unique value proposition. We are confident of meeting the demand for the Quanto and are in the process of ramping up our production capacity at Nashik towards the same,” Pravin Shah, Chief Executive (automotive division) at Mahindra & Mahindra (M&M) said.
The compact SUV, Quanto (with a sub-4 metre length), was launched in four variants (C2, C4, C6 and C8), with prices ranging from Rs 5.82 lakh to Rs 7.36 lakh (ex-showroom Mumbai). All the Quanto variants are powered by a 1.5-litre diesel engine.