Mahindra 2-wheeler grows by 212 per cent

MUMBAI: Mahindra Two Wheelershas further consolidated its presence in the two wheeler segment, with record sales of 21,204 two wheelers in October 2010. Mahindra Two Wheelers announced that its sales for the month of October 2010 stood at 21,204 units, as against 6,804 units in October 2009, an increase of 212%. The sales for Motorcycles stood at 2,664 units. Total cumulative sales from April to October 2010 stood at 92,034 units, as compared to 22,758 units for the same period last year, an increase of 304%. “Consumers have laid their trust in the Mahindra Two Wheeler brand and this is borne out from the momentum that is reflected in our monthly sales figures. We have achieved a double digit market share in scooters last month and our consumer base is growing rapidly. This month we have also embarked on our motorcycle journey with the launch of Stallio and the initial response has been very encouraging.” said Anoop Mathur, President Two Wheeler Sector and Member of Group Executive Board Mahindra & Mahindra.Mahindra 2 Wheelers’ Power Scooters cater to a range of consumer segments. The Mahindra Rodeo with its very innovative, contemporary features is popular amongst the Indian youth, while the Mahindra Duro is positioned as a family scooter. The Flyte is the Indian woman’s two-wheeler of choice. The stylish Stallio creates a niche for itself in the motorcycles.