Sarathkumar
Member • Aug 15, 2013
No brand new products from Mahindara & mahindra?
mahindra was in fire for the past two years and now the auto firm had made a decision that they will be not launching any new vehicles till FY2016.The launch of the XUV500 was followed by the launches of the Quanto, Ssangyong Rexton, e2o and Verito Vibe. Some of the new products have had successful starts and some dont .Recently it was Dr. Pawan Goenka, President, automotive sector of Mahindra announced that It will not launch new products till 2016 and stated that -
"We were ahead of the industry and we did all our major launches in last two years. This year we don’t have any new product launches, we do have variants for launch. Absolute new products will be launched only in FY2016".
For the next two years the Autogiant will be concentrating on the minor changes and releasing new upgrades for the already existing models.He also pointed that they were disappointed because of unsuccessfull e20 model and they are planning only on the variants.
I want to know the CEans take on this decision of MAhindra & Mahindra
"We were ahead of the industry and we did all our major launches in last two years. This year we don’t have any new product launches, we do have variants for launch. Absolute new products will be launched only in FY2016".
For the next two years the Autogiant will be concentrating on the minor changes and releasing new upgrades for the already existing models.He also pointed that they were disappointed because of unsuccessfull e20 model and they are planning only on the variants.
I want to know the CEans take on this decision of MAhindra & Mahindra