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M&M to launch seven variants next financial year

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Auto major Mahindra & Mahindra today said it would launch six to seven variants of its vehicles across different segments during the next financial year.

The company also said it plans to formally start production of pick-ups in the US market by the beginning of April 2010.

“Next fiscal we will be launching six to seven new variants of our existing models. The new variants will cover all segments, including utility vehicles, commercial vehicles and three-wheelers,” M&M President (Automotive) Pawan Goenka told PTI on the sidelines of JK Tyre Baja SAE India 2010 event, where students duke it out in self-designed cars here.

He said the new variants are intended to give a boost to the company’s strategy to grow across various segments.