The Economic Times reports that Mahindra & Mahindra’s plans for an all-new global SUV platform to be built in India, and marketed internationally is moving forward.
“We are developing a new SUV platform, which will replace Scorpio. This platform will be compatible with the markets abroad and will be exported from India.” - Mahindra & Mahindra President, Automotive Sector, Pawan Goenka
Mahindra plans to invest upwards of USD $150 million into the project. This is part of a total investment of USD $1 billion in capital expenditures for Mahindra’s Chakan plant.
The Scorpio platform is the common chassis used for the (soon-to-be) US-market TR20 and TR40 pickups, as well as the current Scorpio SUV marketed elsewhere. The article does not indicate whether or not future plans include some level of vehicle assembly in the United States.
The article in its entirety: Mahindra Plans Scorpio Successor
Source: The Economic Times
“We are developing a new SUV platform, which will replace Scorpio. This platform will be compatible with the markets abroad and will be exported from India.” - Mahindra & Mahindra President, Automotive Sector, Pawan Goenka
Mahindra plans to invest upwards of USD $150 million into the project. This is part of a total investment of USD $1 billion in capital expenditures for Mahindra’s Chakan plant.
The Scorpio platform is the common chassis used for the (soon-to-be) US-market TR20 and TR40 pickups, as well as the current Scorpio SUV marketed elsewhere. The article does not indicate whether or not future plans include some level of vehicle assembly in the United States.
The article in its entirety: Mahindra Plans Scorpio Successor
Source: The Economic Times
4 comments:
$15million is incorrect. 700 crores comes to US$150 million
Typo. Thanks!
So does that mean that the trucks that are coming will only have that stlye for a couple years and then new ones will come along. As for parts I'd be concearned a little about buying one now.
Some times we ignore the promotion freebies that come with the motor oil that we buy.. Recently i bought a Castrol promotion pack for car but wasn't informed by the dealer that the scratch card offer to enter the lucky draw to go to South Africa World cup games and the dealer has assured gifts that we can collect at the time of purchase. Make sure you ask your service dealers for the contest details if you buy one in the near future and collect your assured gift :)
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