Mahindra to do a Nano


Say hello to the mini-SUV, a first-of-its kind vehicle in India – and perhaps the world – that utility vehicle major Mahindra & Mahindra (M&M) is developing with Ssangyong, the South Korean SUV maker it acquired last year.
Codenamed the S101, the ‘Nano’ SUV – as it is being dubbed by some workers on M&M’s shop floors – will be powered by 1-1.2 litre petrol engines and 1.5-litre diesel engines. The car is being developed at M&M’s plant in Chakan on the outskirts of Pune – where the newly launched XUV500 is also being produced. The estimated price is between Rs 3 lakh and Rs 4 lakh. (via Mahindra to do a Nano.)

Added on 24th July 2012:

Where is the vehicle. Was it a myth or just some marketing gimmick?