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Mahindra two wheelers inaugurates 393rd dealership

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Mahindra two wheelers inaugurates 393rd dealership Mahindra two wheelers inaugurates 393rd dealership Document Transcript

  • Mahindra Two Wheelers inaugurates 393rd Dealership<br />Synergy Auto Inc. is located at Saki Naka, Andheri (East)<br />   <br />Mr Anoop Mathur, President Two Wheeler Sector, Member Group Executive Board, Mahindra & Mahindra cuts the ribbon at the inauguration of Synergy Auto Inc., the newest addition to the company’s dealer network<br />Mumbai, November 4, 2010: Mahindra Two Wheelers, a part of the US $7.1 billion Mahindra Group, opened a new dealership, Synergy Auto Inc, in Saki Naka, Andheri (East) in Mumbai on the auspicious occasion of the eve of Dhanteras. With this inauguration, the company now has a total of 393 dealerships across India with nine of these in Mumbai.<br />The dealership was inaugurated by Mr Anoop Mathur, President Two Wheeler Sector and Member Group Executive Board, Mahindra & Mahindra Ltd.<br />“Increasing customer demand for our new products has led us to expand our dealer footprint across the country. The western suburbs of Mumbai have a high two wheeler density and Synergy Auto Inc, Mumbai, will bring our brand closer to potential consumers residing in Andheri, Ghatkopar, Jogeshwari, Santacruz, SEEPZ, Chandivili, etc. The prime location of this dealership, coupled with its knowledgeable and customer centric dealer team will help drive business in this area,” said Mr. Sanjay Mittal, Vice President Sales & Customer Care, Mahindra Two Wheelers.<br />Synergy Auto Inc. is located on the Andheri-Ghatkopar Link road, which is very easily accessible for consumers from the western suburbs. The showroom is about 1500 sq ft and there is a similar sized workshop close to the dealership where consumers can get their scooters and bikes serviced. <br />The strength of the Mahindra Two Wheeler distribution network is now comparable with key competition. There are about 10% of the dealerships which come from the Mahindra Auto and Tractor businesses. More than half the dealers are newly appointed by the company.<br />Mahindra Two Wheelers is experiencing rapid growth and has recently achieved double digit market share in scooters and a sales volume of 21,204 two wheelers in October 2010.<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 the Indian youth, while the Mahindra Duro is positioned as a family scooter. The Flyte is the Indian woman’s two-wheeler of choice. The stylish Stallio creates a niche for itself in the motorcycles category.<br />About The Mahindra Group<br />Mahindra embarked on its journey in 1945 by assembling the Willys Jeep in India and is now a US $7.1 billion Indian multinational. It employs over 1,00,000 people across the globe and enjoys a leadership position in utility vehicles, tractors and information technology, with a significant and growing presence in financial services, tourism, infrastructure development, trade and logistics. The Mahindra Group today is an embodiment of global excellence and enjoys a strong corporate brand image.<br />Mahindra is the only Indian company among the top tractor brands in the world. It is today a full-range player with a presence in almost every segment of the automobile industry, from two-wheelers to CVs, UVs, SUVs and sedan. Mahindra recently acquired a majority stake in REVA Electric Car Co Ltd. (now called Mahindra REVA), strengthening its position in the Electric Vehicles domain.<br />The Mahindra Group expanded its IT portfolio when Tech Mahindra acquired the leading global business and information technology services company, Satyam Computer Services. The company is now known as Mahindra Satyam.<br />Mahindra is also one of the few Indian companies to receive an A+ GRI checked rating for its first Sustainability Report for the year 2007-08 and has also received the A+ GRI rating for the year 2008- 09.<br />