Log in to CarWale

Please enter your name
Please enter your password
Please enter your registered email

Sign up to CarWale

Please enter your name
Please enter your email id
+91
Please enter your mobile number
Please enter your password
Please enter your password

Please tell us your city

Knowing your city helps us provide relevant content for you

No city match.

Riding on the growth wave, Mahindra to launch 6 new models by March 2013

Friday, June 01, 2012 10:44 AM by
16197 View(s)
Be the first to comment
Riding on the growth wave, Mahindra to launch 6 new models by March 2013

   Mahindra and Mahindra AGM Pawan Goenka confirmed to the media that Mahindra will launch six vehicles by March 2013 to offer a wider range of Mahindra products to the Indian customer. Mahindra registered a profit growth of 40 per cent last fiscal and is targeting 10-12 per cent this year in spite of the car market slowing down and not much growth in the tractors segment also.

   Mahindra and Mahindra have also planned for a capital expenditure of Rs 5000 crore over the next three years to strengthen their production capacity and develop new cars. Of the six launches confirmed, there is the Xylo Mini and the Reva NXR. There may be a Verito hatchback on the cards or a Verito facelift again. The list would probably be completed by commercial vehicles.

Tags: Mahindra,Xylo,verito,XUV500

Comments

Popular Videos

Mahindra TUV 300 First Drive

The TUV 300 is Mahindra's latest launch in the ...

1315 Likes
167939 Views

Mahindra KUV 1OO Launch Alert

Mahindra has stepped into the super competitive...

360 Likes
65100 Views
  • Upcoming Cars

Tata Zica Tata Zica

February 2016

₹ 3.90 lakh - 4.50 lakh

Toyota Innova Crysta Toyota Innova Crysta

February 2016

₹ 10 lakh - 15 lakh

Maruti Suzuki Vitara Brezza Maruti Suzuki Vitara Brezza

March 2016

₹ 6 lakh - 8.50 lakh

Jeep Grand Cherokee Jeep Grand Cherokee

February 2016

₹ 35 lakh - 50 lakh

Jeep Wrangler Jeep Wrangler

March 2016

₹ 25 lakh - 32 lakh

All Upcoming Cars
Ask the experts 1800 2090 230 Toll free