Auto maker Mahindra & Mahindra (M&M) has launched its next generation passenger carrier Maxximo Mini Van in India. Priced at Rs 3.2 lakh , the van has been developed at the company's Chakan plant in Maharashtra. Maxximo Mini Van will compete with Tata Magic and Maruti Omni in the domestic mini van segments.
According to Pawan Goenka , President , M&M Automotive & Farm Equipment Sectors , the van will be sold through 230 dealers and 600 outlets across the country. The company has spent Rs 130 crore to develop Maxximo platform and will spend Rs 70 crore for setting up of manufacturing line. Currently the production capacity at Chakan unit is 2 , 000 vehicles per month.
Equipped with C2 CRDe diesel technology , Maxximo Mini Van has a wide body for more space. The van will offer pulling power of 25 HP and a top speed of more than 70 kmph. The new M&M vehicle promises fuel economy of 18 kmpl.
