Companies look out for opportunities everywhere. Shifting from one segment to another, tweaking the same product has been the saga in the markets across the world. And the Mahindra’s are not behind. After the success of the Verito, the Indian Automaker is planning to launch the compact version of the same in the next four months. The production would continue at the Nasik plant and the aim is to sell 3000 units of sub 4-meter Verito every month. The company has been testing the new version of the Verito since quite some time now and has given the vehicle a few cosmetic changes as well.
The Mahindra Verito provides good mileage and has sturdy built quality. It is powered by the fantastic Renault k9k diesel engine, which is high on mileage and offers excellent drive-ability. The 1.5-litre diesel engine produces 65 BHP of peak output at 4000 RPM and 160 Nm of peak torque at 2000 RPM. The Verito is also available with a petrol heart, with the 1.4-litre motor producing 75 BHP of power at 5500 RPM and 110 Nm of torque at 3000 RPM. Both these engines are mated to a 5-speed manual gearbox.
Targeting the mass market with this new variant would be a move rightly considered by the company. Introducing the compact sedan version of such a car can create a wave among the customers as pricing is key in the Indian market. By being under 4-meters in length, the Verito will classify as a small car, thereby attracting only 12% excise duties. This will in-turn lead to cost savings for the company, which will reflect in the price of the Verito compact sedan. Expect the Verito to rival the Tata Indigo e-CS when it goes on sale in September.
