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Mahindra to touch Rs 500 crore turnover mark
Mahindra and Mahindra India's largest SUV manufacturer is expecting to touch the Rs 500 crore mark in the turnover of this fiscal. Market of sale-purchase of pre-owned cars was at least 20 times big t
Used cars in India: Mahindra to sell one lakh cars by 2014
Business of used cars in India is growing leaps and bounds along with new cars launch in India. Already, Hyundai is having a separate wing for used cars business. This time Mahindra group company, Mah
Mahindra & Mahindra vehicle sales grow 32 pc in October
Mahindra & Mahindra (M&M ), the nation’s largest utility vehicle maker, has experienced a 32 per cent sales growth in October. Senior vice-president Arun Malhotra said, Lower interest rates and packag
Renault facing tough time with Indian Partners
Mahindra Renault the French car maker company seems to be facing tough times with its Indian partners.Mahindra Renault has asked Bajaj Auto to partner it in producing its model Logan. Presently Mahind
M&M is building new SUV from scratch
Mahindra is venturing into foreign markets seriously. It is now building a brand new SUV right from scratch which will be geared towards western markets. This indigenous project has asked Mahindra for
Mahindra & Mahindra working to build all-new SUV
Mahindra is now busy to build an all-new SUV from scratch with an eye on foreign markets. The company is ready to invest Rs 700-800 crore in the new product that is expected to be rolled out before th
M&M takes measures to Up Sales
Utility vehicle maker Mahindra & Mahindra (M&M) Ltd. is planning to drive on rural markets to push its latest pick up Mahindra Bolero Maxi Truck. M&M vice-president (automotive sales) said the company
Mahindra inks deal with SBT for vehicle finance
Mahindra inks deal with SBT for vehicle financeMahindra & Mahindra Ltd., one of India’s top leading auto brands, has entered into a MoU with the State Bank of Travancore (SBT) for vehicle finance. Und
Low-cost Mahindra-Renault Sandero in India by 2010
Mahindra and Renault is going to launch its Sandero in Indian market by 2010. The low-cost car was first introduced in Brazil. The car will be pitted in the B+ segment in the country. The design of th
Make up time: M&M to focus on Africa
Mahindra & Mahindra is planning to put it's all efforts to grow in Africa. This is due to the loss occurred by the bankruptcy of its parents group in US. In order to expand the operations, the company
Mahindra XYLO now equipped with ABS system
Mahindra XYLO will have a new feature called Anti-lock Braking System (ABS) in India. The new featured XYLO will be available across India by the end of this June. It will cost Rs 818,535 (ex-showroom
Used cars market to soar
Used cars business is to move ahead with the entry of several car makers like Hyundai Motor, Ford Motors and General Motors. As per the industry estimates, in the last fiscal year ending March 2009, n
Micro Hybrid tech for Scorpio
To ensure less fuel consumption and reduce pollution, Mahindra Scorpio has equipped with the Micro Hybrid technology. The new technology will allows the user to switch off the engine when needed. As a
M&M domestic sales falls, tractor's up
Mahindra & Mahindra's (M&M) domestic sales dipped, in May, 16,581 units compared to 19,296 units in the same period a year ago. However, the company termed it as impressive sales number and said that
M&M to invest Rs 2,500 crore in Chakan plant
Mahindra & Mahindra (M&M) will invest Rs 2,500 crore in its Chakan plant. The plant will have a capacity to produce 2,50,000 vehicles. This investment will be the part of a total investment of Rs 5,00
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