Mahindra 2 Wheelers to launch fully loaded Rodeo RZ scooter this month
YTD Sales at 19,287 units
Mumbai, June 04, 2012: Mahindra Two Wheelers Ltd (MTWL), a part of the US $ 15.4 billion Mahindra Group, continued to build its presence in the two wheeler segment.
Riding on the success of the recently launched Duro DZ, the company plans to launch yet another scooter - the powerful, stylish, fully loaded Rodeo RZ in select markets this month.
The company’s cumulative scooter sales from April to May 2012 stood at 19,287 units. Sales in May 2012 were 9096 units.
“We are really excited about the upcoming launch of our new scooter – the Rodeo RZ. It is a powerful, high performance scooter that is loaded with a range of exciting unique features. It is sure to be an instant hit amongst young, modern couples who would love riding this zippy, stylish scooter.” says Mr. Viren Popli, Senior V.P. Marketing, Sales and Customer Care, Mahindra Two Wheelers.
The cumulative sales for the company have crossed a landmark figure of three lakh units, with both the Rodeo and Duro scooter brands having a franchise of more than one lakh consumers across the country.
Mahindra 2 Wheelers’ powerful 125 cc scooters cater to a range of consumer segments. The new Mahindra Duro DZ is positioned as a solid family scooter, while the Mahindra Rodeo with its very innovative, contemporary features is popular amongst young couples. The Flyte is the Indian woman’s two-wheeler of choice.
About The Mahindra Group
The Mahindra Group focuses on enabling people to rise. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. Mahindra has a presence in the automotive industry, agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelers.
A USD 15.4 billion multinational group based in Mumbai, India, Mahindra employs more than 144,000 people in over 100 countries.
In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. Dun & Bradstreet also ranked Mahindra at No. 1 in the automobile sector in its list of India’s Top 500 Companies. In 2010, Mahindra featured in the Credit Suisse Great Brands of Tomorrow.
In 2011, Mahindra acquired a majority stake in Korea’s SsangYong Motor Company.
For further information, please visit www.mahindra.com
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For further enquiries please contact:
Ms. Roma Balwani
Senior VP & Group Head - Corporate Communications
Mahindra & Mahindra Ltd
Phone: (+91-22) 24975176
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