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Jan 11, 2010

TRUCKMAKERS' NEWS * WORLDWIDE

* India - Mahindra aims electric truck at west

Mumbai,India -The Financial Times -January 7 2010: -- Mahindra & Mahindra is looking to export a new electric "mini truck" to Europe and the US, becoming the latest Indian carmaker after Tata to target the west with ultra-low-cost small vehicles... Unveiled at the Delhi auto show this week, the diesel and electric versions of Maxximo mini truck, Mahindra's plans to export the electric version of the Maxximo... India is emerging as a global centre of ultra-low-cost vehicle production as carmakers try to reach the country's lower middle class consumers and small business owners...

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