Mahindra Two Wheelers News

According to M&M, Mahindra Heavy Engines is currently engaged in manufacturing and sales of engines and other auto components for vehicles and genset applications.

Mahindra Two Wheelers Ltd (MTWL) today launched its new Mahindra Gusto 125 scooter in Karnataka, Kerala and Tamil Nadu priced up to Rs 54,920 (ex-showroom) ahead of its planned national roll out

Mahindra Two Wheelers, a part of the USD 16.9 billion Mahindra (M&M) group, Thursday launched 300 cc bike 'Mojo' in the country, priced at Rs 1.58 lakh (ex-showroom Delhi).  

Mahindra Two Wheelers Ltd (MTWL), a group venture owned by Mahindra & Mahindra (M&M), today said it plans to increase the number of dealerships to 500 across the country in the next fiscal.

Mahindra Two Wheelers and mobile commerce platform Paytm have entered into a partnership for online retailing of Mahindra Centuro motorcycles and Mahindra Rodeo UZO range of scooters.

Mahindra Two Wheelers Tuesday completed the 28 million euro acquisition of 51 percent stake in Peugeot Motocycles (PMTC), a part of the euro 54 billion France-based PSA Group.

The first 110cc scooter in the Mahindra stable will enable the company to make a greater penetration in the eastern region, a company official said.

The two-wheeler arm of the Mahindra Group in October 2014 made a binding offer to acquire a 51 percent stake in Peugeot Motorcycles, one of the oldest motorized two-wheeler manufacturers in the world.

Mahindra Two Wheelers plans introduce up to four new products, including a scooter, a bike in entry level segment and variants of existing products, this year as it looks to scale up presence in the market.