I reckon, this latest launch by M&M in the form of Gio is going to do wonders for the company.

I think Gio is going to set new standards for M&M,
It is a great combination to get a mileage of 27 kmpl at an amazing price of 1.65 lakhs.

The Gio is Mahindra Alfa+extra wheel+new drivetrain+steering systemMahindra creates a new category by launching India’s first Compact TruckMahindra creates a new category with the launch of Mahindra Gio, India’s first 0.5 ton Compact Truck: Mahindra Gio - An entry level 4 Wheeler Cargo carrier offers unmatched mileage of 27 kmpl at an unbeatable price of Rs 1.65 lakh.The New Compact Truck - Mahindra GioThe New Compact Truck - Mahindra GioMumbai, Maharashtra, October 28, 2009 -- Mahindra & Mahindra Ltd. (M&M), a leading player in the small Commercial Vehicle segment in India, today launched the Mahindra Gio, India’s first 4 wheel 0.5 ton Compact Truck. A category creating vehicle in the cargo commercial vehicle segment, the Mahindra Gio combines the style, status, comfort and safety of a four wheeler with the low operating and maintenance cost of a three-wheeler. The Mahindra Gio is available at an amazing price of Rs. 1.65 lakh, ex showroom BSII; BSIII price is Rs 1.68 Lakh. Equipped with a high performance 9.1 HP Kohler engine, from Kohler, USA, the Mahindra Gio gives best-in-class mileage of 27 km per litre. click through to read the rest