Mahindra releases Verito Executive priced at R 5.95-7.09 lakh

Auto major Mahindra & Mahindra on Monday launched a limited edition of his limousine Verito Verito named executive in the range of Rs 5.95 to 7.09 lakh (ex-showroom Delhi) fixed.

The new variant, is among the employees in the targeted company or entrepreneur, available in two colors - walnut brown and pearl white, the company said in a statement.

The Board Verito diesel at Rs 6.94 lakh have variants (diesel BS3) and Rs 7.09 lakh (diesel BS4) priced in, while the petrol variants lakh with 1.6-liter engine with Rs 5.95 (BS 3) and Rs 5.99 lakh (BS4) are priced.

"The introduction of Verito Executive Edition is a premium-status quotient of the limousine will add. Together with the sets of space and mileage, the Verito is already known, this new edition offers premium indoor and outdoor area for our customers," M & M Senior Vice President of Marketing, Automotive Sector, said Vivek Nayer.

Just over a year, after the separation from its joint venture with the French Renault-M & M was renamed the Logan sedan as Verito in April this year.

Mahindra Renault - - that was founded in 2005 to produce and sell Logan in India as the car does not meet the expectations of last April, M & M and Renault, had agreed to part ways from their joint venture. M & M agreed to buy out 49 percent of Renault shares in the joint venture for an undisclosed sum.

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