Auto Expo 2016: M&M unveils concept coupe XUV Aero; SUV Tivoli

Greater Noida: Mahindra & Mahindra Thursday unveiled its all new concept coupe XUV Aero and its Korean arm SsangYong's compact SUV Tivoli.

The auto major also launched a sports version of its electric car e20 Sports and new range of trucks under the brand name Blazo.

The company will be investing Rs 500-600 crore to launch new products in trucks segment in the next two years.

The Mumbai-based company also aims to increase its market share in the commercial vehicle segment to 5 percent in two years from the current 3.5 percent.

"Mahindra is constantly trying to push the boundaries of technology and innovation while developing new mobility solutions," Mahindra Group Chairman Anand Mahindra told reporters here at the Auto Expo.

The company is particularly proud of Aero which represents a paradigm shift in the auto maker's design philosophy, he added.

"SsangYong's new Tivoli compact SUV, which is a big success in its home market of Korea, is its first brand new product post Mahindra's acquisition," Mahindra said.

The XUV Aero crossover coupe concept comes with 210 HP engine aided by multiple drive and suspension modes.

The company also showcased its Design Studio which has been created with an intent to enhance consumer engagement with Mahindra's design thought process for its products.