Mahindra & Mahindra, the second-biggest Indian auto brand, is hoping that the valuable lessons that it has learnt from a series of less-than-spectacular product launches — reflected in the design and success of the new Thar 2020 — will be a harbinger of better luck in store for the company in 2021. Over the last […]
Mahindra & Mahindra, one of India’s largest automobile and tractor makers, announced the production plans for a new series of advanced tractors being made with the help of its joint venture with the Mitsubishi Group of Japan. While the collaboration was announced earlier, it today unveiled further details about the production roadmap, as well as […]
Indian SUV maker Mahindra & Mahindra seems to be finally shaking off its long-drawn legal troubles in the US over its flagship model, Roxor, looking too much like the old Jeep models. The company had carried over an extreme redesign of the Roxor this year, and while that may have irked the fans of the […]
Automaker Mahindra & Mahindra said it has crossed 15,000 bookings for the 2020 version of its Thar SUV in the first 17 days days of sales and that the company is planning to expand the production capacity for the model. The company had, two weeks ago, announced that it had crossed the 9000 mark within […]
Home-grown automaker Mahindra & Mahindra has notched up 9,000 bookings in the first four days of launching the 2020 Thar SUV, marking a strong start for a crucial model for the company. It said this was achieved despite test drive and demo vehicles being present only in 18 cities. The Mumbai-based company said buyers have […]
Mahindra & Mahindra, one of the top two Indian automakers, said it is nearing the end of a major capital expenditure cycle, and is poised to launch upgraded versions of its sports utility vehicles that will offer unmatched value compared to its rivals’ products. It said it is nearing the end of heavy investments both […]
Mahindra & Mahindra, one of India’s biggest home-grown automakers, reported continued pain in its passenger vehicle department, but sales decline a its commercial vehicle and tractor divisions seemed to show signs of moderation in September. Domestic sales of passenger vehicles were down 33% in September, doing worse than August, when they had declined 32%. The […]
Mahindra & Mahindra Ltd., the automotive arm of the Mahindra Group, has started operations at its first assembling plant in Sri Lanka, jointly with local firm Ideal Motors. Mahindra Ideal Lanka will assemble KUV100, a compact SUV, with a production capacity of 5,000 units per annum. Spread over 10 acres, the plant is expected to […]
Mahindra & Mahindra Ltd. (M&M Ltd.), the second biggest home-growth automaker, reported a 15% fall in its July auto sales, shortly after Maruti Suzuki reported a 33% decline. Total domestic auto sales was down 16%, versus 35% for Maruti Suzuki. The decline in its Utility Vehicle sales, which account for about 40% of the company’s […]
Mahindra & Mahindra, one of India’s largest car and SUV makers, announced that the prices of its cars and SUVs will jump by up to Rs 36,000 due to new safety norms that kick in from July 1. The biggest price increases will be felt on cheaper and older models such as Scorpio, Bolero, TUV300 […]
Indian car manufacturer Mahindra and Mahindra reported a decline of 7% in sales of its utility vehicles in April. It sold 18,884 utility vehicles in the month, down by 523 units last year. Its competitor, Maruti Suzuki, on the other hand, witnessed an increase of 6% in the utility vehicle segment in April, though the […]
Indian car manufacturer Mahindra and Mahindra said it signed a deal with Ford India to jointly develop and supply a midsize sports utility vehicles, the C-SUV. As per the agreement, Ford and its affiliate companies will invest Rs 680 crores for the development of vehicles over a period of 10 years. The number of SUVs […]
Tata Motors’ newly launched SUV, Tata Harrier, sold around 1,600 units in the very first month since its launch on January 23. The company had sold 420 units of the SUV in the first ten days. Harrier, the company’s latest attempt to crack the SUV market after models like Safari, Hexa and Aria, is also […]
Mahindra & Mahindra received a much needed boost in February with the launch of the moderately priced XUV300 compact SUV. The company, which had reported zero growth in its SUV sales in January, was able to post a jump of 3,372 in its total UV sales for the month of February. Total UV sales jumped […]
The introduction of BS-VI fuel standard a year from now is expected to make small diesel engines too expensive to be of practical use and push the market for smaller vehicles towards petrol, CNG and electric vehicles, automaker Mahindra & Mahindra said. Managing Director Pawan Goenka said the share of diesel engines in cars has […]
Consumers planning to purchase a vehicle towards the end of this year may consider postponing their purchase as automakers may offer big discounts in February and March in an attempt to flush out old stock ahead of the shift to BS-VI fuel standards. According to a judgement by the Supreme Court, no automaker can sell […]
SUV maker Mahindra & Mahindra Ltd, which is feeling the heat from India’s bigger car maker Maruti Suzuki, has announced its latest offering — the five-seater XUV300 — to take on Vitara Brezza, India’s largest selling SUV. The model will be launched in the 1st half of February 2019, Mahindra said. The XUV300 belongs to […]
Indian auto maker Mahindra & Mahindra said it has agreed to increase its voting rights in Scandinavian farm equipment maker Sempo to 49.04% from 35% by acquiring shares and convertible instruments at a cost of 4.66 mln euros, or around Rs 37.74 cr. Sempo, founded in 1853 in Finland, had revenue of around 52 mln […]
Mahindra First Choice Services, the servicing arm of Mahindra & Mahindra, said it has agreed to acquire the assets of bankrupt auto-service chain Carnation Auto (India). The company did not disclose the exact number of service centers that will accrue through the deal, but said the acquisition will “add significantly” to its current network of […]
Mahindra & Mahindra Ltd, India’s second biggest SUV maker, said it was raising the price of its latest utility vehicle, Marazzo, by Rs 30,000-40,000 from January 1. The utility vehicle costs Rs 10-14 lakhs ex-showroom in Delhi, and has been one of the most successful UV launches in recent years, not least because of the […]
