Police said the entire sequence of events was captured on CCTV, which is being examined as part of the investigation.
Authorities are continuing to look into the circumstances under which the vehicle was rented to the underage boys and the sequence of events that led to the accident.
Experts caution against reverse profiling, national road safety data not model-specific.
As a reduction in GST, M&M's popular models like the Thar, Scorpio, Bolero, XUV700, and Scorpio-N will now be available with substantial savings ranging from Rs 1.01 lakh to Rs 1.56 lakh, depending on the model and variant.
M&M has committed Rs 4,500 crore on the overall development, including the creation of production capacity, for the two new electric brands.
Nomura expects Thar Roxx to fire up the urban SUV landscape, with likely sales seen around 8,000-10,000 units per month. Morgan Stanley expects M&M to soon become the fastest-growing passenger vehicle (PV) company.
Named Thar Roxx, the lifestyle SUV will be rolled out on August 15 and is estimated to be priced from Rs 15 lakh onwards
M&M said the Thar Earth Edition seeks to expanding upon the 'adventurous heritage' of the Mahindra Thar
The company has been the second-largest SUV maker for the last five quarters in a row and the number one in revenues over the last many quarters
As Maruti Suzuki gains market share leadership, Veejay Nakra tells Moneycontrol that M&M's immediate priority is ramping up output of bestselling models, working on new products and variants, and expediting delivery of waitlisted models.
The huge volume of pending orders has led to prolonged waiting periods extending up to a year-and-a-half. The company hopes to mitigate this by ramping up production by the end of the financial year