Mahindra 2 wheelers have reportedly pulled its Pantero bikes off the shelves in India.
The decision is said to have been made due to poor sales, according to a new report by Auto Economic Times.
Mahindra Pantero, a bike which made its debut in the country a year ago along with Centuro, has reportedly failed to pull crowd in the domestic market and the company has now decided to keep it off the road. The report also added that although the company has pulled the bike from the road, the export of the Pantero is likely to be continued.
Powered by a single-cylinder, four-stroke, air-cooled 106.7 cc engine, which can churn out a power of 8.5 PS @ 7,500 rpm and a torque of 8.5 Nm at 5,500 rpm, Pantero is retailed at a price point ranging from ₹39,650 to ₹43,150 ex-Showroom, New Delhi.
If the recent report is true, Mahindra's motorbike lineup for the country will now shrink to one. However, Mahindra will be launching its much anticipated Mojo 300 in the country towards the end of this year to strengthen its portfolio.
The Mojo 300, a bike which has been trying the patience of two wheeler lovers in the country from quite some time, will finally reach the market this year. Under the hood, the Mahindra's new offering is expected to carry 300 cc liquid cooled, four-stroke single-cylinder engine, which can churn out a power of 27 bhp at 8,000 rpm and a peak torque 25 Nm at 6,500 rpm, and is likely to come coupled to a six-speed transmission.
The stopping power of the bike will be provided by the disc brakes seen on both front and rear wheels. Mojo 300 is expected to get Pirelli Sport Demon tyres mounted on Y-spoke black alloy wheels.
In India, the bike will be pitted against Bajaj Pulsar CS, Pulsar SS, Kawasaki Ninja 300R, Honda CBR 250R/300R and KTM Duke 390 and is likely to carry a price tag around ₹2 lakh.
Mahindra is also expected to launch an updated Centuro in the country. The new Centuro with disc brake is likely to be powered by the same Micro Chip Ignited 5-Curve (MCi-5) engine, which can churn out a peak power of 8.5 hp, a peak torque of 8.5 Nm and will feature find me lamps, guide me home lamps, LED pilot lamps and engine immobilizer.
Mahindra Two Wheelers' Chief of Operations Viren Popli on Saturday said that the company has no plan to discontinue its Pantero bikes in India and the bike will continue to be sold in the country.
"We don't have any such plans. The Pantero continues to be in the market and we will also continue to export Arrow, which is based on the Pantero platform," Auto NDTV quoted Popli.