Its show time for M&M in 2010 with new Vehicles!

As the financial year 2009 is closing down and coming to terms with the recession hit economy, it seems industries and business leaders across various sectors are gearing up for the upward trend in financial year 2010. On the same lines, auto major Mahindra & Mahindra have now announced the induction of six to seven new categories of vehicles across various segments in next fiscal year.

On the eve of JK Tyre Baja SAE India 2010 event, a platform for students to showcase self designed cars, M&M president (Automotive) Pawan Goenka said "Next fiscal we will be launching 6-7 new variants of our existing models. The new variants will cover all segment including utility vehicles, commercial vehicles and three wheelers". He mentioned that this would also support and help M&M's strategy of growth among various segments.

M&M also announced that all that required to get going with the production of pick-ups in the US Market has been chalked out and now it plans to formally start its activity by the beginning of April 2010.

As per its earlier announcements, M&M had decided to launch a Sports Utility Vehicle (SUV) by early next year based in a complete new platform. "During the auto-expo in Delhi earlier this month we had launched two models built on completely new platforms including the 'Maximo'. We believe that the Maximo, Geo and our recently launched heavy trucks will act as volume driver next fiscal, while new variant launches will support this," Goenka said.