M&M is all set to roll out its new MUV Ingenio by end of August this year. This vehicle will be positioned between Bolero and Scorpio. Touted to be priced at Rs. 6 lakhs, the car will be manufactured out of Mahindra’s Nashik plant and will also be exported in time to come.
Mahindra is also planning on the launch of a premium SUV for year 2009.