Thursday, April 15, 2010
Mahindra Still on Track for 2010 US Launch with High Expectations
MP has caught bits of information from various sources both reputable (Mahindra Truck Forum, PickupTrucks.com) and not so reputable (WU, you are indeed the National Enquirer of automotive blogs). When in 2010? Well, that’s anyone’s guess, but it certainly does seem that 2010 is the year. Even MP’s ranting diatribe on the merits of waiting to launch in 2011 don’t appear to be holding Mahindra back this year.
The latest golden nugget of semi-information is found on India’s, The Hindu Business Line this morning:
The article goes on to explain Mahindra’s plans for global expansion with the US market being one of the key components. Currently, Mahindra’s export vehicle sales volume (outside of India) accounts for around 7% of their total vehicle sales. By entering the US and expanding other markets they believe they can reach 20% export volume in 2012.
The entire article is here: Mahindra Bets Big on US