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Archives

M&M to introduce new pick-up truck by mid 2011

15/01/2011 | Author: Autoguide | 0 Comments Back To Home   < Previous News   |   Next news >

M&M Pickup

MAHINDRA & Mahindra Ltd has been on an aggressive expansion mode in the last few years. It also has major plans for the pick-up trucks series and has now announced that it will launch a new premium-end pick-up truck in the first half of next year. According to a The Business Line, Mr Arun Malhotra, Senior Vice-President, Sales and Customer Care, Automotive Sector, Mahindra, has said that the new pick-up will be positioned near the top-end of its commercial vehicle pick-up range, with a payload capability of above one tonne. It was also mentioned in the report that Mahindra currently has five pick-ups in its commercial vehicle portfolio. The range starts with the Gio, Maxximo, three-wheeled Alfa and Champion models, and is topped by the Bolero-based Maxx 1.2 tonne pick-up. The reports have already mentioned that with margins under pressure on the back of rising costs of raw materials such as steel and rubber, Mahindra has decided to increase prices in January. The company has stated that the prices will across the product range. It was also reported that the component shortage, which had brought down production last quarter by 8-10 per cent, has been addressed this quarter with vendors increasing output. Most of the shortages were for parts such as castings, tyres and fuel pumps.  

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