Mahindra Two Wheelers sales up by 46 pct

Mumbai, Aug 1 : Mahindra Two Wheelers, a part of the USD 16.2 billion Mahindra Group, on Thursday said the company registered sales of 14,612 units during July 2013, marking an increase of 46 percent over the previous year.

The company's Centuro motorcycle has added to this sales momentum with 10,158 units being sold during the first month of its market launch.

"July has been a significant month for Mahindra Two Wheelers, particularly with the launch of the All New Centuro. We are truly delighted with the excellent response this new product has received in such a short period of time and would like to express our heartfelt thanks to our customers for their confidence. We have worked hard to develop the innovative Centuro using deep consumer insights to meet their evolving needs. This response reaffirms Mahindra Two Wheeler's strategy of creating truly differentiated products which target unmet consumer needs." said Viren Popli, Executive Vice President - Mahindra Two Wheelers.

The Centuro was launched on July 1 and is now available at a price of Rs. 45,000 (ex showroom New Delhi).

Designed entirely in-house at the company's R and D centre in Pune, it represents Mahindra Two Wheelers' commitment to emerge as a serious player in the Indian two wheeler market.

"The Mahindra Centuro sports a host of patented category innovations 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)," the company said in statement.

Additional 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. It also offers a maintenance free battery and is backed by a 5-year warranty that would ensure peace of mind for the owner.

--IBNS (Posted on 01-08-2013)

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