Mumbai, January 11: Homegrown automaker, Mahindra is all set to unveil its brand-new luxury SUV for the Indian market. The new luxury SUV would be named as XUV700 and would be a direct competition to Toyota Toyota Fortuner and Ford Endeavour. The XUV700 is based on the latest Ssangyong Rexton. It’ll sit right at the top of Mahindra’s Indian line up but is expected to be priced much cheaper than the Fortuner.
The price of the Mahindra XUV700 luxury SUV is expected to start from about 22 lakhs. This will be a competition to Fortuner as the Mahindra luxury SUV will come about 4 lakhs cheaper than the best-selling Fortuner. The Auto Expo is going to be the event where Mahindra eyes to unveil the luxury car. This premium vehicle is believed to be the most expensive vehicle sold by the automaker in India, which will make it the new flagship product.
As per reports, the XUV700 will be a 7-seater luxury car. The car is believed to be powered by a 2.2 liter turbocharged diesel engine with outputs of about 189 Bhp and 420 Nm. The XUV700 will rival the likes of Toyota Fortuner and the Ford Endeavour. Though, it will be priced relatively on the lower side to take a competitive advantage. Read More – 2017 SsangYong Rexton.
As per details by cartoq.com. Both rear wheel drive and four-wheel drive options are expected. Manual and automatic transmissions are also expected to be offered on this SUV. The new luxury car will be built on new-generation body-on-frame chassis.