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Showing posts with label mini truck. Show all posts
Showing posts with label mini truck. Show all posts

Wednesday, February 3, 2010

Mahindra Maxximo launched at 2.79lakh

Maxximo, the Mahindr’a answer for TATA ace in mini truck segment is launched at a Ex-Mumbai price tag of 2.79lakh. Maxximo was recently unveiled at Delhi Auto Expo 2010 comes with a 2 cylinder CRDe engine and 850 kg payload capacity.

The mini-truck segment has grown over 20% since last 3 years and with the ban on heavy cargo trucks being entered in to city limits not far from now, the small/mini truck market that takes the cargo inside the corporation limits is expected to really boost this segment.

The mini truck segment is dominated by TATA ace with about 90% share but expects to face tough competition with Maxximo, Mahindra’s own 500kg capacity Gio, Piaggio Ape.
 

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