Since '02 xBhp is different things to different people. From a close knit national community of bikers to India's only motorcycling lifestyle magazine and a place to make like-minded biker friends. Join us

Castrol Power 1

Fatigue, sleepiness, & alcohol are the same.

Our Partners



Welcome to xBhp Forums v2020

Welcome to 2020 Edition of the xBhp Forums . As you might have already noticed, the forums have undergone a major upgrade to keep up with the times. This will make the forums faster and intuitive and much more mobile friendly.

The basic functioning of the forum remains the same.

We are still tightening the loose nuts and bolts and it will take some time.

However, in case you are facing any issues or problems accessing the forums or posting here, please do let us know.

Any feedback/suggestions are also welcome!

You can post your suggestions on this thread itself!
See more
See less

Mahindra two wheelers acquire 51% stake in Peugeot: xBhp News

  • Filter
  • Time
  • Show
Clear All
new posts

  • Mahindra two wheelers acquire 51% stake in Peugeot: xBhp News

    Mahindra Two Wheelers Ltd. (MTWL) has made a binding offer to acquire a 51% stake in Peugeot Motocycles (PMTC),

    Click image for larger version

Name:	DSC_8638.jpg
Views:	1
Size:	56.9 KB
ID:	1984276

    Peugeot Scooters, a key player in urban mobility in Europe for 116 years, is the oldest motorized two-wheeler manufacturer in the world. Peugeot Scooters offers one of the most comprehensive range of scooters and mopeds, from 50cc to 400cc, including the successful three wheeled scooter – Metropolis, in the European market.

    The transaction between MTWL and PSA, subject to Works Council consultation, as part of the employee dialogue process and anti-trust law, would involve infusion of Euro 15 million into PMTC to finance projects implemented through the strategic partnership, and further sale of shares by PSA which would allow MTWL to take a 51% stake in PMTC.

    Dr. Pawan Goenka, Executive Director, Mahindra & Mahindra -

    “The coming together of Mahindra & Peugeot is a win-win for the two wheeler businesses of both companies. Mahindra would offer access to the India market, mass market product technology and competence in marketing while Peugeot brings premium range, a strong European footprint, and a globally recognized brand. This partnership would enable both MTWL and PMTC to speed their international expansion by driving synergies and leveraging respective strengths of both parties”.
    Over the past few years, Mahindra has strengthened its position in the two wheeler segment globally. Mahindra Racing competes at the highest level of global motorcycle racing in the Moto3 category of MotoGP, while Mahindra GenZe recently revealed its electric two wheelers in the US market that offer sustainable urban transport solutions to a new generation of US consumers.

    In addition, MTWL has introduced several innovative technologies in its award winning range, including recently launched GUSTO. MTWL also has sales and distribution operations in Latin America, Africa and South Asia. The company has assembly operations in many of these markets.

    MTWL would support PMTC’s global growth plan and the brand building effort that enriches the "Frenchness" of the Peugeot brand. PSA would support the Brand and growth strategy by holding a minority share for a long term.

    MTWL would be committed to the current leadership team at PMTC. This would be similar to the approach that Mahindra group has followed in other global transactions such as the acquisition of Korean automaker SsangYong.

    Source: Mahindra Press Releasse
    Last edited by B7ACKTHORN; 10-08-2014, 07:54 PM.

  • #2
    Re: Mahindra two wheelers acquire 51% stake in Peugeot: xBhp News

    News Verified/Approved

    Once upon a time, a guy asked a girl 'Will you marry me?'
    The girl said, 'NO!'

    And the guy lived happily ever after and rode motorcycles and watched sport on a big screen TV, went fishing and surfing, and played golf a lot, and drank beer and scotch and had tons of money in the bank and left the toilet seat up and farted whenever he wanted.



    • #3
      Re: Mahindra two wheelers acquire 51% stake in Peugeot: xBhp News

      Good News ...

      Sent from my A210 using Tapatalk 2

      Tyre Sizes _ Spark Plugs

      Headlight Focus _ Fork Oils

      All India xBhp Couple Riders Thread

      Ashtavinayak + Shirdi
      Kaas Plateu & Thoseghar Waterfalls