Mahindra & Mahindra India's largest and utility vehicle maker, has finally fulfilled its long time dream to have a presence in the two-wheeler market. M&M has bought an 80 per cent stake in Kinetic Motor Company. Kinetic still continues to hold the balance stake in the company. Kinetic has been witnessing a steady decline in sales for last few years, ever since motorcycles have dominated the sector and suffering losses. Now with M&M coming on board, the company will get the much needed financial boost and return to the market with newer products.
Saturday, January 1, 2011
Mahindra & Mahindra Kinetic Motorcycle
Posted by arhianggara at 12:37 AM
Labels: Kinetic Motorcycle
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