Peugeotâs Three-Wheeled Metropolis Scooter Receives Two Swanky New Variants
By the way, did you know Mahindra owns Peugeot?
Mahindra-owned French manufacturer Peugeot has introduced two new variants of its three-wheeled scooter, the Metropolis 400, called GT and SW, in its home country. Customers can now opt between a total of four variants, including the existing Active and Allure that have been available since its launch last year (
The GT
As the name suggests, the GT is a sporty version of the standard Metropolis. To achieve this sportier look, it gets a naked handlebar (similar to naked sport bikes) with ‘GT’ badging, a short tinted windshield, a stealthy titanium color with satin finish, and blacked out 13-inch rims with yellow accents. Along with this, the GT also gets repositioned switchgear for easier control.
Read more about Sharda Motor Industries discontinues operations at Surajpur, Uttar Pradesh on Business Standard. 1. Maruti Suzuki business for model Gypsy was discontinued due to demerger of seating business of the company.
Mahindra Group to stay invested in Peugeot Motocycles for premium play
Mahindra has not done particularly well in the mass two-wheeler space with products like Stallion and Centuro. Classic Legends has its own set of problems including parts constraints and order cancellations due to poor delivery schedules.
Synopsis
However, not all experts agree to this game plan, pointing out Mahindra’s poor run in the 2-wheeler space over the years mentioning their lack of technology, expertise and manpower to run such a business.
Vehicle maker Mahindra group is understood to be drawing up a strategy to stay invested only in premium two wheelers and sees premium bikes from Peugeot Motocycles (PMTC) as a potential growth area after being singed in the mass market post its buyout of Kinetic.
Mahindra & Mahindra and Ford Motor Company have mutually, amicably determined they will not complete a previously announced automotive joint venture between their companies. The action followed passing of
the 31 December 2020 longstop, or expiration, date of a definitive agreement the organizations entered into in October 2019.
According to the companies, the outcome was driven by fundamental changes in global economic and business conditions - caused, in part, by the global pandemic - since the agreement was first announced.
Those changes influenced separate decisions by Ford and Mahindra to
reassess their respective capital allocation priorities.
Mahindra said that this decision will not have any impact on its product plan. It is well positioned
Rajan Wadhera Appointed Joint CEO Of Classic Legends
Rajan Wadhera Appointed Joint CEO Of Classic Legends
Indian auto industry veteran Rajan Wadhera has been appointed as the joint CEO of Classic Legends Private Limited, the parent company of Jawa Motorcycles. He will be reporting to Anupam Thareja, who is the lead director of Classic Legends.
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Rajan Wadhera is appointed as Joint CEO, Classic Legends Pvt Ltd, with effect from December 1, 2020
Highlights
He will be reporting to Anupam Thareja, Lead Director, Classic Legends
He retired as President, Mahindra Auto, on April 1, 2020
Mahindra-Owned Classic Legends, the parent company of Jawa Motorcycles, has appointed Rajan Wadhera as the joint CEO along-side Ashish Joshi. Rajan Wadhera held a senior managerial position with Mahindra for many years along with serving as the president of Society of Indian Automobile Manufacturers (SIAM) as well. He is an industry ve