Mahindra Two Wheelers sales grow 279% in August 2010
Mahindra Two Wheelers, a part of the US $7.1 billion Mahindra Group, has further consolidated its presence in the two wheeler segment, with record sales of 15,165 units in August 2010. Mahindra Two Wheelers today announced that its sales for the month of August 2010 stood at 15165 units, as against 4005 units in August 2009, an increase of 279%. Total cumulative sales from April to August 2010 stood at 54261 units, as compared to 12948 units for the same period last year, an increase of 319%.
"We are very happy with the response to our Power Scooters. Consumers have laid their trust in brand Mahindra which has helped us grow more than 75% in the last four months. We have been achieving several milestones. Just a couple of months ago, we crossed a landmark figure of 1,00,000. Our efforts to come closer to consumers are also bearing fruit as we now have more than 370 dealer ships across the length and breadth of the country." said Mr. Anoop Mathur, Sector President and Member of Group Executive Board Mahindra & Mahindra.
Mahindra 2 Wheelers' Power Scooters cater to a range of consumer segments. The Mahindra Rodeo with its very innovative, contemporary features is popular amongst the Indian youth, while the Mahindra Duro is positioned as a family scooter. The Flyte is the Indian woman's two-wheeler of choice.
[Via: Infibeam]
Mahindra To Launch Motorcycles
After showcasing a racing machine at the 2010 Auto Expo M&M is all set to launch a bike by March 2011. The commercial vehicle major had shown its interest in the bike segment soon after launching its range of gearless scooters in 2009 and further confirming it by showcasing a racing machine at the expo. D Shinde, vice president, marketing, Mahindra Two-Wheelers recently quoted "we are currently working on launching a motorcycle from the Mahindra stable that can be expected to hit the market some time in March 2011". However he did not give out any information regarding the engine capacity or other factors. It is being speculated that the manufacturer's first offering will be in the commuter segment however, it is yet to be seen.
Honda Unveils Zero Emmision Electric Scooter
Green is the future and every auto manufacturer is striving to bring out cleaner and greener vehicles. Following suit Honda has unveiled the new zero emission electric scooter. The EV-neo is powered by a lithium-ion battery that matches the performance of a 50cc petrol engine, is noise free and does 30 km on a single charge with a top speed of 30 kilometers per hour.
The battery can be rapidly charged up to 80 percent of capacity in 20 minutes, while a regular power socket charger will take about 4 hrs time. The pricing has not been revealed yet and the EV - neo is initially targeted at domestic business customers like Pizza delivery boys. Even though the EV - neo battery charge and top speed is limited, it does well in contributing to a greener environment.
[Via: Motorbeam]
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