Mahindra & Mahindra is working on a new utility vehicle for the global market at its North American Technical Centre, reported The Financial Express.

The vehicle, which is expected to be a large MPV, will be launched in India in 2017.

Mahindra executive director and president (automotive) Pawan Goenka said: "We have put Europe R&D plans on hold, but in the US we are going ahead. We have hired 35 plus engineers and we are developing a whole new product there that will be launched in 2017. It's in the UV segment and will be sold in the global markets starting from India."