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Mahindra stops Verito Vibe's production

A total of just 169 units were sold last year.

Mahindra & Mahindra has finally discontinued the production of its smallest car, the Verito Vibe, as the car was not performing well in the market. Mahindra didn't manufacture a single unit of the hatchback in this financial year and according to a report, only 32 units of the car were sold in the first five months of the current financial year. A total of just 169 units were sold last year.

No production of the Vibe has taken place in this financial year, according to Business Standard, as the domestic carmaker has sold a paltry 32 units of the car in the first five months of the current financial year. In fact, the Verito Vibe had sold just 619 units in the whole of last year.

Meanwhile, the company has maintained that the company’s rare non-SUV product has not been discontinued nor are there any plans to do so. The production, however, is expected to remain suspended till the stocks of the car are cleared out from dealerships across the country.

The Vibe was launched by Mahindra back in 2013 and was based on the Verito sedan. Available in a total of three variants, the car is powered by a 1.5-litre dCi diesel motor from Renault that produces a peak power of 65PS at 4,000rpm and 160Nm of torque at 2,000rpm

The Verito Vibe could never really appeal to the Indian masses because of its relatively steeper pricing and also its inability to challenge established competitors likes the Hyundai Grand i20 and the Maruti Suzuki Swift. But with smaller cars not being Mahindra’s forte, what more could one have expected.

Source: CarDekho.com

( Source : deccan chronicle )
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