M&M launches new Bolero at Rs 6.59 lakh

New Delhi: Homegrown auto major Mahindra & Mahindra today launched a new Bolero with mHawk D70 engine priced at Rs 6.59 lakh (ex-showroom Mumbai) for the SLE BS4 variant.

Christened as 'New Bolero Power+', its engine delivers 13 per cent more power and 5 per cent more mileage over the existing Bolero, M&M said in a BSE filing.

The new Bolero Power will be available in three variants -- SLE, SLX and ZLX across Mahindra dealerships across India, it added.

M&M President & Chief Executive (Automotive) Pravin Shah said: "The Bolero has been India's no 1 SUV for 10 years in a row from 2005-06 to 2015-16 and the all New Bolero Power+ is an evolution of this powerful brand."

M&M stock trading 3.46 per cent lower at Rs 1,419.95 per scrip in the afternoon on BSE.