India's very own Mahindra & Mahindra are the largest manufacturer of utility vehicles in India. With products like Scorpio, Quanto, XUV500 and hottest selling Bolero in their basket, Mahindra holds a large chunk of the SUV market in India. It seems that they are again rolling the ball and getting ready to launch 3 new products in next 2 years.
S101, Codename for a new SUV, being caught testing numerous times is expected to launch early next year. Following it will be 2 more SUV's which we believe to be an updated Quanto and an all new Bolero. Reports also suggest that M&M is developing an all new petrol engine. Going by the market trend, this could very well be a lesser capacity Turbocharged engine to increase fuel efficiency.
Mahindra S101 testing in Camouflage.
With the launch of Quanto back in 2012, Mahindra opened an all new space for the compact SUV segment. Following their trail, Ecospost and Duster were launched. Now this segment has become one of the most open space of all, where every manufacturer is trying hard to cater to this segment. Maruti, Tata, Toyota are all secretly working to capture the market.
Mahindra is already facing a lot of heat from the competitors like Ford, Honda, Renault and Nissan. In fact, statistically speaking, the company's market share in SUV segment has dropped from 48 percent to 42 percent last year. Mahindra will launch these vehicles in accordance to the market need of compact SUV's.