MAHINDRA 2 Wheelers, the two wheeler arm of the Mahindra Group, today announced that it has recorded sales of 70,000 units in F10 and has exceeded its target of achieving a rate to reach the 1,00,000 mark per annum.
Monthly sales in March 2010 stood at 12,753 units, taking all three Power Scooter brands into account – the Mahindra Duro, the Mahindra Rodeo and the Mahindra Flyte. The company has witnessed a steady growth of sales in the past year. The average monthly sales for Quarter 4, F10 (Jan – Mar 2010) have been in excess of 10,000 units.
Speaking on the occasion, Anoop Mathur, President – Mahindra 2 Wheelers and member of the Group Executive Board, Mahindra & Mahindra Ltd. said, “The fact that we have achieved this target within seven months of entering the market is a matter of great pride for us. We have comfortably exceeded our target to achieve a rate for a volume of 1,00,000 units well ahead of time. The promise has been delivered. There has been an overwhelming response to our Power Scooter portfolio both from cities as well as small towns with customers appreciating the contemporary style and attractive features of all three brands. We now have a national network of 350 dealers which is testimony to our strong customer base.”
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