Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Sign up to CarWale

Please enter your name
+91
Please enter your mobile number
Please enter your password
Please enter your password
Ad

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

CarWale Team, Jun 01 2012.
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
Show CommentsHide Comments
Ad
  • Upcoming Cars

Maruti Suzuki New SwiftMaruti Suzuki New Swift

February 2018

4.50L - ₹ 7.50L
Mercedes-Benz S-Class FaceliftMercedes-Benz S-Class Facelift

January 2018

1.20Cr - ₹ 9.95Cr
Maruti Suzuki Ciaz FaceliftMaruti Suzuki Ciaz Facelift

February 2018

6L - ₹ 10L
Rolls-Royce Phantom VIIIRolls-Royce Phantom VIII

August 2018

7Cr - ₹ 9Cr
Volkswagen Vento FaceliftVolkswagen Vento Facelift

December 2018

8L - ₹ 13L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (8 AM - 8 PM)
Sat (8 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in