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Mahindra Two Wheelers registers 266% growth in May 2010

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Mahindra Two Wheelers, a part of the US $7.1 billion Mahindra Group, today announced that its sales for the month of May 2010 stood at 8037 units, as against 2193 units in May 2009, an increase of 266%. The YTD growth stands at 348%.

Speaking on the occasion, Mr. Anoop Mathur, Sector President and Member of the Group Executive Board, Mahindra & Mahindra Ltd. said, “Our products have met with excellent success and have been well received in the market. Mahindra Two-Wheeler’s innovative strategy in creating the niche Power Scooters segment has stood it in good stead and has been an able differentiator in a cluttered scooter market.”

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.

Mahindra embarked on its journey in 1945 by assembling the Willys Jeep in India and is now a US $7.1 billion Indian multinational. It employs over 1,00,000 people across the globe and enjoys a leadership position in utility vehicles, tractors and information technology, with a significant and growing presence in financial services, tourism, infrastructure development, trade and logistics. The Mahindra Group today is an embodiment of global excellence and enjoys a strong corporate brand image.

Courtesy: The Mahindra Group



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Related Books:
The Penguin Guide To Two- wheelers
Scooters
Motor Scooters
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Posted by Naresh Koshti on 3 June, 2010 5:06:36 PM IST #