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Outlander priced at Rs 15.5 lakh

Mitsubishi Motors Outlander to be priced at Rs 15.5 lakh

Apnaloan.com Research Bureau

24 Apr 2008

Mitsubishi Motors plans to start a price war in the sports utility vehicle (SUV) market with the launch of Outlander.

The car is priced at around Rs 15.5-16 lakh which makes it one of the cheapest compact SUVs on road.

It is pitted against the costlier Honda CR-V, which is priced close to Rs 20 lakh. Maruti's Grand Vitara, Hyundai's Tucson, Ford Endeavour are priced in the Rs 15-17 lakh range, while General Motors's Capitva is Rs 18 lakh. All these SUVs are imported vehicles.

In terms of pricing, the two SUVs that will be closest to the Outlander are the Grand Vitara and the Endeavour. But the Outlander will be superior as it would have a host of power-packed performance features. It will be powered by a 2.4 litre MIVEC petrol engine and a 6-speed automatic transmission with paddle shifting. It will also have an electronically controlled four wheel drive (4WD system) based on a common all wheel control (AWC) philosophy.