Mahindra to acquire Peugeot Scooters by the end of this week
Mahindra Two Wheelers, who has recently launched its state-of-the-art scooter- Gusto, is hopping towards its goal as it is probably going to acquire Peugoet's scooter business by...
Mahindra Two Wheelers, who has recently launched its state-of-the-art scooter- Gusto, is hopping towards its goal as it is probably going to acquire Peugoet's scooter business by the end of this week.
Autocar Professional Magazine says that the company will gradually own the whole of Peugoet's scooter gradually. Earlier, Mahindra acquired 80 percent stake of Pune-based Kinetic Motor Company that accelerated the company's progress vastly.
Peugeot started a financial restructuring drive that might make them to sell off their scooter business. The deal can be considered as a strategic move for the two entities- Peugeot and Mahindra. This move help Peugeot Scooters enter into emerging markets as Mahindra has shown a tremendous growth in scooter segment. The deal will add more value to its sales figures as well as the Indian company will get enhanced technological capabilities and a chance to enter in European market.
The risk for the company multiplies with the following deal as it has to work hard to take Peugeot Scooter to heights, while carry on making its product to make a mark in the extremely competitive markets.
Mahindra grabs only one percent of the total two-wheeler market share of India and with the help of its innovative and affordable offerings like Mahindra Gusto and Centuro, it wants to grab a bigger pie in the Indian market and also aims to export markets like South Asia, Africa and Central America.
Source: Autocar Professional
Mahindra Rodeo User Reviews
- Please continue the sales of Mahindra Rodeo.I wanted to buy a new Mahindra Rodeo but I am disappointed to know that it is discontinued. It is one of the best scooters with amazing features like lightweight, lots of luggage space, front fueling, Smooth ride, and cool look with 125 ccs. Please make this vehicle available for sale.Read More12 1
- Great BikeIt is a 125 CC and runs very smoothly on any type of roads. It is a great bike.
- DONT WASTE YOUR HARDEARNED MONEYI bought rodeo rz is april 2013. I was very disappointed with the mileage. I am getting 25 kmpl which is far below the acclaimed ARAI mileage of 59.28. When i raised this issue, the reaction of the dealer hint me that i have wated my money. Digital connsole is not water proof i guess as mine stopped working after a year and when it was working its is not reliable at all. Very tough to maintain this scooter as normally mechanics wont take a chance to repair it. It isvery difficult to find mechanic for it. Not even eligible for zero star rating.Read More10 1
- Good scooterI'm using it since 2013. I never faced any major issues with this scooter. Till now it is the best looking scooter I've ever seen. No scooter till day providing digital speedometer with mood colors. No other scooter has body colored rearview mirrors. No other scooter you can find in 125cc segment. Activa, access all are underpowered. You will feel the difference once you ride it. Suspension is smooth. Mileage is not that great though I'm getting 35kmpl. Since it's been 5 years, i had to change the battery, headlamp(3-4 times as I used to drive at night), headlamp switch and headlamp holder. Its kick-start also dead. But i don't care as electric start works well. I used to do regular service at mahindra service centers but now it's difficult to find the one as I shifted my house. They need to provide tubeless tyres as tube tyres as dangerous. Once it got punctured while I was driving but luckily i was on slow speed. Overall I love this scooter.Read More3 5
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