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.

Mahindra to start production of pickup line from the US

                                                                                                              

Mahindra certainly India’s one of the best automotive story in recent times with its consistent growth through organic way and acquisitions, JVs has come a long way in executing its plan to assemble the Scorpio based pickup in US.

After a series of delays due to the compliances and quality norms finally Mahindra has announced that in coming months it would start the production with Navistar, who’s partner for Mahindra Navistar brand of CV’s in India.

Mahindra also will launch new models in India that include Gio, Maxximo. These models were displayed in recently concluded AutoExpo 2010 at Delhi.

(Picture courtesy - Mahindra Ltd. )