Mahindra & Mahindra Ltd., pioneers of the SUV segment in India, has announced the brand name of its much-awaited SUV, bearing the project codename Z101, as the AllNew 'Scorpio-N'. This Big, Bold and Authentic SUV will bolster its reputation as the #BigDaddyOfSUVs and is slated to arrive on 27th June 2022. The current Scorpio which has evolved over the last two decades as an iconic and a cult brand will continue as the 'Scorpio Classic'.
The All-New Scorpio-N will redefine the D-segment SUV category and has been engineered ground-up to meet the aspirations of the young and tech-savvy customers looking for a full-size authentic SUV. Tough yet sophisticated, the All-New Scorpio-N is a head turner with a bold and imposing design and commanding driving position. The #BigDaddyOfSUVs boasts of premium interiors and comes loaded with a host of advanced modern features and latest technology. The All-New Scorpio-N will be powered by spirited gasoline and diesel engines, with a choice of manual and automatic transmissions. In keeping with its adventure capabilities, it will be offered with a 4x4 option.
Speaking on the announcement, Veejay Nakra, President, Automotive Division, M&M Ltd. said, "Scorpio has been a landmark model for Mahindra which has redefined the category and became an iconic brand in the Indian automobile industry. The All-New Scorpio-N is expected to recreate benchmarks in the SUV segment in India, yet again. With an unmissable design, thrilling performance and high-end technology, we continue to carry forward the Mahindra legacy of building authentic, tough yet sophisticated SUVs. With the All-New Scorpio-N, we continue to live and deliver our brand promise of 'Explore the Impossible'. The Scorpio-N signifies our commitment towards bringing world-class SUVs to the Indian market and creating delightful ownership experience for our customers."
Speaking on the development of the All-New Scorpio-N, R. Velusamy, President, Automotive Technology and Product Development, M&M Ltd. said, "The All-New Scorpio-N is an important vehicle for Mahindra, set to redefine the SUV segment in India. Our newest SUV is laden with advanced technology and will offer spirited performance and superior driving dynamics. It is built on a new body-on-frame platform. This tough yet sophisticated SUV has been engineered and designed by our young, enthusiastic, and energetic teams at Mahindra Research Valley (MRV) near Chennai, Mahindra North American Technical Center (MNATC) in USA and Mahindra Design Studio in Mumbai."
The All-New Scorpio-N is slated to arrive on 27th June 2022 and will be manufactured at the company's state-of-the-art facility in Chakan.
Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 904.60 as compared to the previous close of Rs. 882.55. The total number of shares traded during the day was 95990 in over 4408 trades.
The stock hit an intraday high of Rs. 911.35 and intraday low of 888.80. The net turnover during the day was Rs. 86807143.00.