Mahindra & Mahindra

Saturday, Apr 20, 2024 | Last Update : 02:34 AM IST

Mahindra unveils all new Thar, launch on October 2. (Photo- AutoMahindra)

First look: Mahindra SUV Thar in new avatar

The model has been designed and engineered in India and even most of the components used in the vehicle have been sourced locally

16 Aug 2020 10:40 AM

Mahindra looks to give up control of Ssangyong

Mahindra, which owns a 75 per cent stake in SsangYong, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010

13 Jun 2020 7:38 PM

India’s automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year. (PTI Photo)

India's automakers warn of up to 45% sales drop as economy slumps amid pandemic

India’s auto industry is already reeling, with sales of cars, trucks and motorbikes falling 18% last fiscal year to 21.5 million vehicles

12 May 2020 10:42 AM

Auto stocks plunged nearly 12 percent. (PTI Photo)

Auto stocks slump nearly 12% as automakers score nil domestic sales in April

Maruti Suzuki India, Hyundai Motor India Ltd, Mahindra & Mahindra, Toyota Kirloskar Motor and MG Motor India reported nil sales

04 May 2020 3:57 PM

India's car sales plunge amid lockdown

Government last week sent India into a 21-day lockdown to try to curb the spread of the virus, forcing automakers to suspend manufacturing

02 Apr 2020 12:47 PM

The new vehicle also comes with a warranty of 3 years or 72,000 km, whichever is earlier.

M&M drives in Jeeto Plus variant

The Jeeto Plus is powered by a 625cc, single-cylinder diesel engine that produces 16 BHP and 38 Nm.

23 Nov 2019 1:54 AM

During the quarter, the company sold a total of 1,10,824 vehicles as against 1,41,163 units in the corresponding period last fiscal, down 21 per cent.

M&M Q2 profit down 78 per cent at Rs 368 crore

The company had posted a PAT of Rs 1,708.92 crore for the same quarter last fiscal.

08 Nov 2019 3:23 PM

India’s auto sector has gone into a tailspin this year as tight liquidity at shadow banks, high taxes and a weak rural economy have sapped consumers’ buying power.

Suzuki rethinks promise of India's auto market, and it is not alone

We no longer think that growth in India will be an uninterrupted move upwards, Suzuki President Toshihiro Suzuki cautioned.

08 Nov 2019 2:05 PM

In the commercial vehicle segment, the company sold 23,582 units as against 24,353 units in the same month a year ago.

Mahindra total sales down 11 pc at 51,896 units in October

The company had sold 58,416 units in the corresponding month last year, M&M said in a regulatory filing.

01 Nov 2019 2:13 PM

As per the study by the global consumer insights and advisory services provider when it comes to sales satisfaction Hyundai ranked the highest followed by Mahindra & Mahindra and Toyota.

Indian car buyers becoming less price conscious: JD Power

As per the JD Power report, Indian car buyers are putting more emphasis on vehicle styling.

31 Oct 2019 3:21 PM

Mahindra & Mahindra, India’s biggest utility vehicles maker, has opened country’s first all-women-run automobile service workshop in Jaipur to promote recruitment of women in core productive roles across the company’s automobile workshops.

Mahindra opens all-women workshop

Run by a team of nine women, the facility, called Compact Qwik (CQ) outlet, is a Mahindra authorised two-bay workshop.

23 Oct 2019 2:52 AM

Mahindra to take control of Ford biz

The JV is expected to be operational by mid-2020, subject to regulatory approvals.

02 Oct 2019 1:53 AM

Ford forms joint venture with Mahindra for India business

The two companies have for months been negotiating the deal, which will see Ford hold a 49 per cent stake in the new entity.

01 Oct 2019 6:04 PM

Under the deal Ford will transfer most of its automotive assets and employees in India to the new company, but the carmaker will retain an engine plant in Sanand in the western state of Gujarat, according to the two sources.

Ford to end independent operations in India, Mahindra to lead the JV: Sources

The two companies have for months been structuring the deal to create a new entity in which Ford will hold a 49 per cent stake.

26 Sep 2019 3:11 PM

The base variant of the XUV500 is now pricier by Rs 8,000.

Mahindra axes XUV500 petrol and diesel-auto AWD variants

Mahindra has increased the prices of the remaining variants marginally as well.

23 Sep 2019 2:41 PM

MSI executive director (marketing and sales) Shashank Srivastava said that while cars and vans (A and C segment) have performed well, there has been a drop in sales of utility vehicles (B segment).

Maruti Suzuki's PV mkt share shrinks in April-Aug; Hyundai, Mahindra gain

Maruti Suzuki sold 5,55,064 units this fiscal as compared with 7,57,289 units during April-August previous year.

15 Sep 2019 2:08 PM