M&M plans 2 new launches next year

Utility vehicle maker Mahindra & Mahindra (M&M), struggling to increase sales over the past year, plans to introduce two new vehicles in 2015. The compact sports utility vehicle codenamed S101 will be pitted against Renault's Duster and Ford EcoSport and the multipurpose vehicle codenamed U301  will take on Maruti Suzuki's Ertiga and Honda's soon-to-be launched Mobilio. The M&M vehicles will be completely new offerings. "We have a product pipeline all the way to 2019. Next year onwards we will have a couple of new launches every year. We will start off with a compact sports utility vehicle and a multi-purpose vehicle, scheduled for launch in 2015," said Rajan Wadhera, head of Mahindra Research Valley.