<p>Mahindra Two Wheelers, a part of the $15.4 billion Mahindra Group, launched the 125cc scooter ‘Rodeo RZ’ sports with ‘Z’ Series engine, aimed at college-goers and younger audience in urban markets.<br /><br /></p>.<p>The scooter is priced Rs 2,500 higher than its popular selling Duro DZ which has a similar 125cc engine, Mahindra and Mahindra Senior Vice-President (Strategy and Market development) Viren Popli said the 125cc segment has been seeing huge growth in the last one year, adding Mahindra hopes to increase market share “by a couple more points very quickly” (with the launch of Rodeo RZ).<br /><br />The company manufactures the scooters from its facility at Pithampur near Indore, which was recently upgraded to produce one million units a year. Mahindra has tied-up with Taiwan based SYM to manufacture the engine, Popli said.<br /><br />The RZ125 is priced at Rs 50,710 (ex-showroom Tamil Nadu), and Rs 49,575 (AP), and Rs 48,930 (Karnataka).<br /></p>
<p>Mahindra Two Wheelers, a part of the $15.4 billion Mahindra Group, launched the 125cc scooter ‘Rodeo RZ’ sports with ‘Z’ Series engine, aimed at college-goers and younger audience in urban markets.<br /><br /></p>.<p>The scooter is priced Rs 2,500 higher than its popular selling Duro DZ which has a similar 125cc engine, Mahindra and Mahindra Senior Vice-President (Strategy and Market development) Viren Popli said the 125cc segment has been seeing huge growth in the last one year, adding Mahindra hopes to increase market share “by a couple more points very quickly” (with the launch of Rodeo RZ).<br /><br />The company manufactures the scooters from its facility at Pithampur near Indore, which was recently upgraded to produce one million units a year. Mahindra has tied-up with Taiwan based SYM to manufacture the engine, Popli said.<br /><br />The RZ125 is priced at Rs 50,710 (ex-showroom Tamil Nadu), and Rs 49,575 (AP), and Rs 48,930 (Karnataka).<br /></p>