M&M Expects a Turnover of 10,000 Crore
The company has a batch of new cars awaiting in pipeline for launch and is confident of accumulating the revenue flowing from the passenger car segment.
Mahindra & Mahindra's joint venture with Renault and Mahindra Mahindra International is already contributing a good share of business revenue from the passenger car segment.
According to Pawan Goenka, President, Mahindra & Mahindra (automotive sector), "The company is planning to introduce more vehicles from light to heavy by 2009 end and these launches are expected to attract more revenue figure by 2011."
Mahindra Xylo which is the latest addition to its stable is yet to prove its success. The bold and aggressive looking MPV is available in four variants which is powered by a 2.5 litre diesel m-eagle engine with an output of 112 bhp.
Published by Carazoo.com
Carazoo.com is India's First and Only car Portal with Interactive Animations. Read reviews, news, articles, blog and other latest updates on Indian car industry. View profile
- M&M Plans to Introduce New ModelsAuto major, M&M is planning for 10 new models in the next two years. The new models will include both passenger as well as utility cars. They will utilize the existing platform to manufacture these new models.
- Mahindra's Scorpio is Mighty MuscularMahindra and Mahindra launched the new Scorpio Mighty Muscular in the Indian car market. This is the first car in India to come with the Bharat Stage-IV compliance norm.
- My School Lifeautobiography
- Visiting Goa, India: What to ExpectGoa is the best tourist spot in India. It has beautiful beaches, chruches and other attractions.
Munnar: The Hills Far AwayMunnar is a small little town located towards the southern part of Kerala in South India. It is basically a chain of beautiful hills and mountains situated at an altitude of 600...
- Mahindra Scorpio's Success Story
- Top 5 Nostalgic Indian Cars
- June Brings Smile to Car Manufacturers
- Mahindra Launches CNG Variant for Pick-Up
- Indian Car Manufacturer Mahindra Speeds Up Production on Xylo
- Mahindra Net Profit Jump Nine Fold
- Global Recession Hits Indian Auto Industry