Thursday 31 May 2012

Mahindra to Launch New Model Variants in India

Mahindra Cars IndiaThe Mahindra and Mahindra group is planning to unveil six to seven variants of its models in the next fiscal year. The new variants will cover all segments including utility vehicles, commercial vehicles and three wheelers, confirmed the M&M President (Automotive) Pawan Goenka. The company aims at gaining major competitive edge across various segments. He added "Till December end we have registered total sales of 2.25 lakh units and in the January to March quarter, which is generally known for a rise in volume sales, we expect a further growth."
M&M is likely to launch a brand new model to the Indian market, constructed on a completely new platform. It is rumored to be a sports-utility vehicle. M&M has also launched new models like Maximo, Geo and heavy trucks at the recent Delhi Auto Expo 2010. It is hopeful that the new variants will support new models and their sales.

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