Mahindra launches India’s first compact truck
Mahindra & Mahindra Ltd (M&M) has launched the Mahindra Gio, India’s first 4 wheel 0.5 ton Compact Truck. A category creating vehicle in the cargo commercial vehicle segment, the Mahindra Gio is available in teh price range of Rs. 1.65 lakh to Rs 1.68 Lakh (ex-showroom). Equipped with a high performance 9.1 HP Kohler engine, from Kohler, USA, the Mahindra Gio boasts amileage of 27 km per litre.
“With the launch of Mahindra Gio, we have created a new Compact Truck category in the commercial vehicle segment. The Mahindra Gio is the first of its kind entry level 4 wheel cargo vehicle, and is all set to change the dynamics of the small CV segment. As city limits gradually expand and distribution needs increase, the Mahindra Gio presents a high earning potential for customers who will benefit from its high mileage, low maintenance cost, optimum utilization of space and low acquisition cost,” said Dr.Pawan Goenka, President, Automotive Sector, Mahindra & Mahindra Ltd.
The Mahindra Gio is being manufactured in Mahindra’s Haridwar plant and is being launched in a phased manner. It will be available initially in West, North and select Eastern states and shortly thereafter in the rest of the country.
The Mahindra Gio is most suitable for intra city operations. Its compact 0.5 ton cargo box ensures maximum utilization of space. A small turning radius of 3.8 metres, dashboard mounted gear shifter and ‘car like’ steering wheel allows this nifty 4 wheel load carrier to negotiate the narrowest of roads with ease.
It boasts of several class defining features, including adjustable cushioned bucket seats, roll down windows offering more ventilation and a car like Macpherson front suspension, ensuring comfortable ride and handling. Multi focal reflector halogen lights, side indicators and bigger rear view mirrors offer optimum visibility.
About The Mahindra Group: Mahindra embarked on its journey in 1945 by assembling the Willys Jeep in India and is now a US $6.3 billion Indian multinational. It employs over 1,00,000 people across the globe and enjoys a leadership position in utility vehicles, tractors and information technology, with a significant and growing presence in financial services, tourism, infrastructure development, trade and logistics. The Mahindra Group today enjoys a strong corporate brand image.
Mahindra is the only Indian company among the top tractor brands in the world and has made an entry in the two-wheeler segment, which will see the company emerge as a full-range player with a presence in almost every segment of the automobile industry. The Mahindra Group recently expanded its IT portfolio when Tech Mahindra acquired the leading global business and information technology services company, Satyam Computer Services. The company is now known as Mahindra Satyam.
Mahindra’s Farm Equipment Sector is the proud recipient of the Japan Quality Medal, the only tractor company worldwide to be bestowed this honour. It also holds the distinction of being the only tractor company worldwide to win the Deming Prize. The US based Reputation Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200: The World’s Best Corporate Reputations list. Mahindra is also one of the few Indian companies to receive an A+ GRI checked rating for its first Sustainability Report for the year 2007-08.