Mahindra Two Wheelers August Sales Volumes Grow By 66%

Mahindra Two Wheelers Ltd. (MTWL), a part of the USD 16.2 billion Mahindra Group, continued to build its presence in the two wheeler segment in August 2013. The company's August volumes stood at 17719, a growth of 66%, while domestic volumes stood at 15346 units, a growth of 53% over the previous year.

The company has registered strong growth backed by burgeoning demand for the new, innovative Mahindra Centuro with over 35000 bookings received till date, across the country. MTWL is rapidly enhancing production to meet this strong demand.

Mahindra Centuro

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 patented category innovations and features which address practical consumer needs that have never been seen before in motorcycles. It is powered by Mahindra's indigenously developed intelligent MCi-5 (Micro Chip ignited-5 curve) engine that responds smartly to the need for power and fuel economy, delivering a power output of 8.5 BHP @ 7500 rpm, 8.5 Nm of peak torque @ 5500 rpm and an astounding mileage of 85.4 kmpl (ARAI). A maintenance free battery and 5 year warranty ensure peace of mind for the owner.

Additional innovative features include an Anti Theft Alarm with Engine Immobiliser, an encrypted Remote Flip Key, Find Me Lamps and Guide Lamps. The Mahindra Centuro also offers an advanced Digital Dashboard with a Distance-to-Empty (DTE) indicator, Service Reminder and Economy Mode indicator.

The fully loaded Mahindra Centuro is available at an attractive price of Rs. 45,000 (ex showroom- New Delhi).

"We are truly delighted with the excellent response to the Centuro, especially in today's challenging environment. We would like to express our heartfelt thanks to our customers for their confidence. We worked hard to develop this innovative motorcycle, using deep consumer insights to meet the evolving needs of the market. This response reaffirms Mahindra Two Wheeler's strategy of creating truly differentiated products," said Viren Popli, Executive Vice President, Mahindra Two Wheelers.

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.

[Press Release]

Article Published On: Friday, September 6, 2013, 14:33 [IST]
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