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Mahindra said they entered the two-wheeler market with the confidence to "win", on the back of having a strong understanding of the ecosystem, distribution, R&D and also brand positioning. December 11, 2019 / 08:37 PM IST Anand Mahindra, the chairman of the homegrown auto group Mahindra & Mahindra, on December 11 admitted that entering the commuter bike segment more than a decade ago was a failure on the part of the group. The group entered two-wheelers after buying out Kinetic Motors in July 2008 and relaunched the 'Freedom' bikes under the label of 'Mojo' but has not been able to make a mark in the vastly entry-model driven two-wheeler space in the country even after a decade. The market is dominated by Hero Motorcorp and Japanese major Honda which together control close to two-thirds of the over 21-million units per annum market. Of this, Mahindra sold a paltry 4, 004 units in FY19, down 73 percent from FY18. The only player in an over a dozen OEM market behind Mahindra is Kawasaki Motor which sold 3, 115 units in the year, according to Siam data.
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To learn about this position and location, please email a copy of your CV (my eyes only, confidential) to and please call or text 954-837-2613. Feel free to connect with me on LinkedIn. **Please reference JOB-2674491 with your inquiry.
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