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First Unit Of Mahindra’s All-New Thar SUV Auctioned Off For Rs 1.11 Crore; Automobile Giant To Match The Bid And Donate The Total Amount
Swarajya Staff
Sep 30, 2020, 03:56 PM | Updated 04:00 PM IST
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The first unit of Mahindra & Mahindra's all-new SUV Thar has been auctioned off for a stellar Rs 1.11 crore in an online auction held by the automotive major over a span of six days, a report in the Economic Times says.
The development was made public Mahindra Group's chairman Anand Mahindra on his Twitter handle. He also thanked all the bidders and stressed that it will result in a total of Rs 2.22 crore being donated towards battling COVID-19.
Delhiâs Aakash Minda plotted his strategy like a long distance runner. Stayed out of sight for most of the race & in the last laps took powerful strides, fought off challengers who occasionally forged ahead & breasted the tape in a strong finish. What an auspicious bid-1.11 cr! pic.twitter.com/i8hGGsoKPF
— anand mahindra (@anandmahindra) September 29, 2020
Mahindra will match an equivalent sum as the highest bid, and the total amount will be donated to either PM CARES fund, Naandi Foundation, or Swades Foundation to help fight COVID-19, as chosen by the winner of the auction.
The winning bid was placed in by an individual from Delhi, identified as Akash Minda. While the first unit of the car has been auctioned off for Rs 1.11 crore, the vehicle will be launched in the 10-15 lakh price range.
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