Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3127.25
-1.90 (-0.06%)
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Mahindra Two Wheelers December sales volumes grew by 252% over previous year

Date: 02-01-2014

Mahindra Two Wheelers (MTWL), a part of the $16.2 billion Mahindra Group, continued to grow its presence in the Indian two wheeler segment during December 2013. The company reported sales of 19,715 units December 2013, a growth of 252 %, while domestic volume stood at 19,054 units, a growth of 267 %, over the previous year.

The volume growth is being driven by the innovative Mahindra Centuro motorcycle, which continues to receive an overwhelming response. Mahindra Two Wheelers has been steadily expanding production of the Centuro to meet rising consumer demand, while also growing its sales and service touch points to over 1000 across the country in order to make the motorcycle more accessible to buyers.

With the New Centuro, Mahindra Two Wheelers takes another step forward in its journey towards becoming a full range player in the Indian two wheeler market. The company’s ultimate goal is to offer a range of mobility solutions that meet the diverse needs of all types of Indian two wheeler buyers.

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.