Mahindra launched their smallest SUV model Quanto around three weeks ago and this model has already received around 5000 bookings.
I am yet to see one on the road though I believe they should start appearing in the coming days.
The company priced this model directly against the mid-segment sedans in the Indian market. Variants of Quanto are priced in the range of Rs. 5.8-8 lakhs.
Mahindra spoke about the response to this model:
This response strengthens our belief that Quanto will be able to create a new category within the SUV segment with its unique value proposition. This gives us the confidence that the customers appreciate the Quanto’s distinctive looks, flexible 5+2 seating & go anywhere capability.