Mahindra’s next vehicle, a multi-utility vehicle (MUV) which was codenamed the Ingenio in the development process will be launched by the end of this year and will be called Xylo. The Xylo has been tested in India and overseas in different terrain conditions.

“Xylo has been developed by a project team consisting of 160 experts who have created new benchmarks in terms of styling, technology and performance,” Pawan Goenka, president of M&M’s automotive division, said.

The car, which is speculated to be priced in the range of Rs. 6.5-7.0 lacs is expected to compete with Toyota’s Innova and Chevrolet’s Tavera in the Indian market.