Mahindra announces cashback for bikes as two wheeler sales boom

Mahindra Two Wheelers has reached an important milestone where sales in India are concerned.Celebrating sales of over 1 million two-wheelers in India is indeed an exceptional achievement for Mahindra Two Wheelers. In celebration of this, the company is offering special discounts on two of its products – Gusto and Centuro.

Buyers of the Centuro motorcycle, priced at INR 45,550, will get cashback worth INR 5,000 while buyers of Gusto scooter which starts at a base price of INR 45,410, will receive cashback offer worth INR 3,000. Same is not available on Mojo.

Even as Mahindra Two Wheelers celebrates this achievement, the company has announced that it will be concentrating on more premium products. The company plans to bring Peugeot Scooters to India by 2017 following acquisition of 51% controlling stake in Peugeot Motorcycles in 2015.

Mahindra Two Wheelers has showcased Django, Speedfighter and Metropolis three wheel scooter at the 2016 Auto Expo. These scooters are currently on sale in Europe and if launched in India will enter into the premium two wheeler segments.

Mahindra Two Wheelers are also slated to be in talks with leading European two wheeler brands while the company also seeks to acquire British brands BSA and Norton. Announcements in this regard will be announced in the months ahead following which the company will concentrate on premium products and boost brand value while liaison with leading international brands.

This article has first appeared in Rushlane.com