At under 4 metres, Quanto is considered the smallest MUV in M&M stable. It comes with the price tag of Rs 5.82 lakh (ex-showroom, Thane). The vehicle is powered by a 1.5-litre diesel engine.
The Quanto has lead to the opening of a new segment in the Indian auto market and also enjoys an opportunity to consolidate foothold before the entry of other players. It is expected to witness competition from the passenger car sector due to the pricing factor. Maruti Suzuki’s Ertiga and Renault’s Duster are expected to give stiff competition to this vehicle.
Mahindra's passenger car sales have crossed its rivals' levels such as Maruti Suzuki and Tata Motors due to the strong demand for its new XUV 500 and its all-diesel line-up.
Pawan Goenka, president, automotive & farm equipment sectors, Mahindra & Mahindra, said, “With the Quanto, Mahindra is aiming to fill a need gap in the Indian automotive market for a versatile and compact SUV. We expect the Quanto to offer an exciting upgrade at a premium to customers who are otherwise looking for premium diesel hatchbacks or entry level diesel sedans.”