Mahindra registers 252 percent growth in December'13 sales
Snapshot: Mahindra Two Wheelers Ltd. registered a growth of hefty 252 percent in Dec'13 sales
Mahindra Two Wheelers Ltd. (MTWL), a part of the Mahindra Group, continued to grow its presence in the Indian two wheeler segment during December 2013. With an over-all growth of 252 percent Mahindra sold 19,715 units of two-wheelers during the previous month. While domestic growth stood at 267 percent compared to the corresponding month of the previous year.
Viren Popli, Executive Vice President, Mahindra Two Wheelers said, “Mahindra Two Wheelers is closing 2013 on a high note as increasing demand for the Centuro helped to propel it into the ranks of the top 10 motorcycles in the country within just 6 months of its launch. We have also won several prestigious awards that reflect growing consumer confidence in our technological innovations, including the Bloomberg TV- Autocar 2013 - 14 Viewers’ Choice Bike of the Year award for the Centuro and the coveted Bike Maker of the Year 2013 award from DNA.”
Recently launched Mahindra Centuro has been the main contributor to the growth witnessed by the Indian major. Powered by a MCi-5 (Micro Chip ignited-5 curve) engine delivering a power output of 8.5 BHP @ 7500 rpm and peak torque of 8.5 Nm @ 5500 rpm mated with a five speed gearbox. The price of the Centuro starts at INR 46,500 (ex showroom, New Delhi).
"Designed entirely in-house at the company’s world-class, state-of-the-art R&D Centre in Pune, the Mahindra Centuro sports a host of internationally patented category innovations and features which address practical consumer needs that have never been seen before in motorcycles. 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," says MTWL.
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