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Mahindra reports a 29 % sales jump in Aug 2010
India's largest utility vehicle maker Mahindra & Mahindra reported a sales increase of 28.96 per cent in its total sales in the month of August 2010. The company sold a total of 28,903 units during th
SIAM Calls For Voluntary Emission Regime
The 50th Annual Convention of SIAM (Society of Indian Automobile Manufacturers), India’s apex body representing automobile industry, was inaugurated by Dr Pawan Goenka, SIAM president and President –
Mahindra to launch Ssangyong SUV's in India
India based utility vehicle giant Mahindra & Mahindra is planning to bring the global portfolio vehicles of South Korean Ssangyong Motors in the Indian market after completing the acquisition process
Mahindra eyes to enhance Bolero production
Mahindra & Mahindra, the country's largest utility vehicle (UV) maker is witnessing a heavy capacity crunch for the manufacturing of its best-Selling SUV Mahindra Bolero in the Indian market. The sale
Mahindra to go global with Ssangyong takeover
India based largest utility vehicle maker Mahindra & Mahindra has stated on Friday that the prospective acquisition of South Korean automaker Ssangyong Motor would help the company in emerging as a gl
Mahindra and Mahindra promises to become a global SUV player
Mahindra and Mahindra said that it would use its purchase of South Korea's Ssangyong Motor for becoming a global player in the SUV (sport utility vehicle) market. Pawan Goenka, president of Mahindra's
Mahindra witnesses investors divide over Ssangyong acquisition
The country's largest utility vehicle maker Mahindra & Mahindra is witnessing a strong divide of its investors over the prospective investment of the company in the revitalisation of bankrupted Korean
Mahindra Group mulls over launching of new auto models in Sri Lanka
The Mahindra Group, one of India's leading business houses, unveiled its plans of launching several new models for strengthening its position in the automobile market of Sri Lanka. Anand Mahindra, the
Mahindra and Mahindra expects to set a global footprint
After the expected acquisition of Ssangyong Motor Company, Mahindra and Mahindra is in the high spirits of establishing itself as a global player in world SUV segment. M&M has already strengthened its
Labour dissatisfied in Korea, Ssangyong SUVs for India
A significant joint effort of Mahindra and Mahindra and Ssangyong will be to bring the company’s SUVs to India. Pawan Goenka, president (automotive), was quoted saying that M&M is planning to bring in
M&M may have 70% stake in Ssangyong
Mahindra & Mahindra is all set to have a stake of up to 70% in the South Korean SUV maker Ssangyong Motor Company, said a source. The source also added that Mahindra and Mahindra’s $450-million bid is
Mahindra First Choice Services plans to increase its outlets to 450
Mahindra First Choice Services, the multi-brand car servicing company, said that it is planning to increase its service outlets to 450 pan-India from nine in the next four years. Shiv Kiran, Mahindra
Ssangyong selects M&M as preferred bidder
In a deal that yet strengthens the growth of emerging market automakers, Mahindra and Mahindra has been named as the preferred buyer by the South Korea's troubled Ssangyong Motor. Ssangyong, the SUV m
M&M, Ruia Group submit bids for Ssangyong Motors
Finally three groups including Mahindra and Mahindra and the Ruia group have made bidding offers for buying troubled South Korean car maker Ssangyong Motor Co Ltd, said the sources. The Renault-Nissan
After Mahindra and Mahindra’s buyout, Logan sales pick up
The future of Logan, JV’s lone product, was not certain when the joint venture between Mahindra & Mahindra and French carmaker Renault came to an end. This was a three year old joint venture. The cust
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