The Verito Vibe is the much awaited hatchback from the stables of Mahindra & Mahindra, which is likely to be released on 5th June, 2013, in the Indian market. The new car is developed based on the trusted platform of its sedan predecessor – Verito.
The new Vibe will be placed in the sub-4 metre category, which will enable it to avoid the higher excise duty tax, making it price competitive. The Verito Vibe resembles its predecessor the Verito, in its inside and outside styling, however sources says, it will be have a sportier look.
Mahindra Verito Vibe is likely to feature 1.5L DCI diesel engine, which will bring more power and fun on the move. The new Mahindra hatchback maybe priced between Rs. 5 – Rs. 6 lakh and is likely to compete with Maruti Suzuki Swift, Honda Amaze, Hyundai i20 and Volkswagen Polo.
M&M split with Renault in 2010, it is when the sedan Logan was renamed as Verito in April, 2011. With the new Verito Vibe, the auto maker wants to capture part of the hatchback market share in India.