29Aug/090
M&M hopes US will become its largest export market
Mahindra , which will start selling its Scorpio-based pick-up trucks in the US by March 2010, hopes that North America will ultimately become its largest export market. M&M exported 9,000 units of its utility vehicles during FY 2009 (which was actually a 44% decline over the 13,000 units it exported during FY 2008), but is aiming to improve on that figure during the current fiscal.
M&M plans to invest about $80 million in the US market and will kick off its US operations with two-door (TR20) and four-door (TR40) pick-up trucks, which will be fitted with 2.2-litre common-rail turbodiesel engines and six-speed automatic transmissions.
[Via: indiaautomotive]