Mahindra launches new Furio 7 series LCV

Mahindra & Mahindra’s Truck and Bus Division (MTB) today launched the new Mahindra Julio 7, the latest light commercial vehicle (LCV). The new product is Julio Intermediate CV (ICV) announced in July 2018 and released in 2019..

The new Mahindra Furio 7 will be available on three product platforms: 4-Tire Cargo, 6-Tire Cargo HD and 6-Tire Tipper. According to the company, Furio 7 covers multiple applications in the LCV segment, claiming higher profitability with best-in-class mileage, higher payload and benchmark cabin. Vehicle telematics is handled by the company’s iMAXX platform.

Prices start at Rs 14.79 for the Furio 710.5ft HSD variant. 15.18 rupees for Julio 7 HD, 16.82 rupees for Julio 7 Tipper Variant (all former showroom Pune).

RL: Veejay Nakra, Automotive Sector, M & M, Jalaj Gupta, Business Head, CV, M & M, Launch of new Furio series LCV trucks.

Veejay Nakra, CEO of Mahindra & Mahindra’s Automotive Sector, said: Industry landmark. Set a new benchmark for excellence and customer centricity, reflecting a serious commitment to the segment and confidence in the product. “

Jalad Gupta, M & M’s head of commercial vehicle business, said: “The Mahindra Furio 7 Series is designed to meet the unmet needs of LCV customers. Customer insights in this category include higher revenue, lower total cost of ownership (TCO), best warranty offer, We have revealed that we are looking for a truck that can provide the lowest maintenance, safety and comfort. All of this leads to a risk-free business. Complete peace of mind, all in one truck. With a package of customer value propositions and a very competitive upfront price offer, the Mahindra Furio 7 is exactly that. We guarantee higher mileage, return trucks and resell value after 5 years. We are confident enough to guarantee that it is a decisive moment for the industry. This helps our goal of making our customers more prosperous. “

M & M expects CV segment to rise soon
M & M expects the CV industry to grow in the same way as in 2019 (about 17.5%) as the Indian economy has been in a revival mode since the last three months. As a result, CV sales of four OEMs (Tata Motors, Ashok Leyland, M & M, VE commercial vehicles) decreased by 27% 526,526 units in 2021 (2020: 669,312), and some relief for the needy industry. I will be hung up. In fact, the combined CV sector in 2021 and 2020 fell by more than 40%.

According to Veejay Nakra, “In the last two months, the industry has made a strong comeback against the backdrop of huge demand.”

(Input from Shahkar Abidi)

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Mahindra launches new Furio 7 series LCV
Mahindra launches new Furio 7 series LCV Mahindra launches new Furio 7 series LCV

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