Mahindra 2 Wheelers grows 30% in Jul-Sept Quarter over Apr-Jun Quarter<br />Mumbai, October 01, 2011: Mahindra Two Wheeler...
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Mahindra 2 Wheelers grows 30% in Jul-Sept Quarter over Apr-Jun Quarter

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Mumbai, October 01, 2011: Mahindra Two Wheelers Ltd (MTWL), a part of the US $ 12.5 billion Mahindra Group, continues to build its presence in the scooters segment.The company’s cumulative second quarter sales (July to September, 2011) stood at 41,978 units, a growth of 30% over the first quarter (April to June, 2011), when the sales stood at 32,276 units. The company registered YTD September growth of 5% over last year.

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Mahindra 2 Wheelers grows 30% in Jul-Sept Quarter over Apr-Jun Quarter

  1. 1. Mahindra 2 Wheelers grows 30% in Jul-Sept Quarter over Apr-Jun Quarter<br />Mumbai, October 01, 2011: Mahindra Two Wheelers Ltd (MTWL), a part of the US $ 12.5 billion Mahindra Group, continues to build its presence in the scooters segment.<br /> <br />The company’s cumulative second quarter sales (July to September, 2011) stood at 41,978 units, a growth of 30% over the first quarter (April to June, 2011), when the sales stood at 32,276 units. The company registered YTD September growth of 5% over last year.<br /> <br />The cumulative sales for the company have crossed a landmark figure of three lakh units, with both the Rodeo and Duro scooter brands having a franchise of more than one lakh consumers across the country.<br /> <br />Mahindra 2 Wheelers’ Power Scooters cater to a range of consumer segments. The Mahindra Rodeo with its very innovative, contemporary features is popular amongst young couples, while the Mahindra Duro is positioned as a solid, family scooter. The Flyte is the Indian woman’s two-wheeler of choice.<br /> <br />About The Mahindra Group<br /> <br />The Mahindra Group focuses on enabling people to rise. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. Mahindra has a presence in the automotive industry, agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelers. <br /> <br />A US $12.5 billion multinational group based in Mumbai, India, Mahindra employs more than 119,900 people in over 100 countries.<br /> <br />In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. Dun & Bradstreet also ranked Mahindra at No. 1 in the automobile sector in its list of India’s Top 500 Companies. In 2010, Mahindra featured in the Credit Suisse Great Brands of Tomorrow.<br /> <br />Its flagship company Mahindra & Mahindra Limited is the only Indian automobile manufacturer to feature in the top 10 list of the Carbon Disclosure Leadership Index in India - 2010, created by the Carbon Disclosure Project (CDP).<br /> <br />In 2011, Mahindra acquired a majority stake in Korea’s SsangYong Motor Company.<br /> <br />For further information, please visit www.mahindra.com<br />Connect with us on www.facebook.com/mahindragroup<br />

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