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Home arrow Automotive arrow Mahindra launches Compact Truck - Gio, creates new category in CV segment
Mahindra launches Compact Truck - Gio, creates new category in CV segment Print E-mail
Written by Vijay   
Thursday, 29 October 2009
Mumbai: Mahindra & Mahindra Ltd. (M&M) today launched India's first 4 wheel 0.5 ton Compact Truck, the Mahindra Gio. It is being manufactured in Mahindra's Haridwar plant and is being launched in a phased manner.

"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." said Dr. Pawan Goenka, President, Automotive Sector, Mahindra & Mahindra Ltd.

"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.

It is equipped with a 9.1 HP engine, from Kohler, USA and the company claims that the Mahindra Gio gives best-in-class mileage of 27 km per litre.

The Mahindra Gio is available at an ex-showroom price of Rs. 1.65 lakh (BSII) and  Rs 1.68 Lakh (BSIII). It will be available initially in West, North and select Eastern states and shortly thereafter in the rest of the country.

According to the company the vehicle has undergone rigorous test runs and has been validated on all performance, safety and reliability parameters.

 
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