Home BRANDS M&M expects up to 12% growth in Bolero pickups in FY20 -...

M&M expects up to 12% growth in Bolero pickups in FY20 – ET Auto

Hyderabad: Mahindra and Mahindra expects 10 to 12 per cent growth in its Bolero range pickups this fiscal, a senior executive of the USD 20 billion-group said here Tuesday. Vikram Garga Vice President- Marketing Automotive Division of M&M said the group sold 1.62 lakh Bolero Pickup range vehicles in FY-2019, compared to 1. 49 lakh in FY-2018, registering a nine per cent growth.

Bolero is our flagship brand in the commercial vehicle range,” Garg said.

It is the market leader with 86 per cent market share.We see at least 10 to 12 per cent in the pick up vehicle sales,” Garga told reporters in a press conference.

He launched the new Bolero Camper Gold Zx, a double cabin pick up with a one tonne payload capacity, in the Telangana market.

Garga said the Bolero Camper range, including the new vehicle, is being manufactured in M&M’s Zaheerabad, Telangana plant.

Source link

Must Read

Mercedes-Benz G-Class launches ‘Stronger Than Time’ special edition

The Mercedes-Benz G-Class is turning 40. It's almost surprising, as sometimes it feels like the partially Austrian-designed, Puch-derived go-anywhere box on wheels has been...

2020 Mercedes-Benz GLB: 5 Things to Know About the New Luxury Crossover

At Mercedes-Benz's press drive of its new 2020 GLS-Class (stay tuned for the review), the German brand used the opportunity to show U.S. journalists...

2019 Maruti Suzuki Alto CNG launched in India

The Indian market will get the BS6 implementation from April 2020. Before that, Maruti Suzuki is busy updating their current range of vehicles with...

Car alarm hackers open eyes to cybersecurity issues in automotive supply chain

David Barzilai, chairman of Karamba Security of Hod Hasharon, Israel, said the Pen Test hack did not surprise him. Security hackers never cease trying...