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.
Wednesday, February 3, 2010
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