Besides 18-year low, every passenger vehicle player registers negative growth in May 2019

While the month of May 2019 registered an 18-year low in terms of domestic sales for passenger vehicles (PV), the disturbing factor is that each and every of the 17 PV player recorded a negative growth. Such is the ...

Mahindra acquires 11.25% stake in Swiss agri-tech firm Gamaya for Rs 30.04 crore

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the Mahindra Group announced an investment of CHF 4.3 million (US$4.3 million- Rs 30.04 crore approx.) for an 11.25% stake in Switzerland based agri techn...

Mahindra & Mahindra invests Rs 1000 crore + to ready BS VI engines

The good news is that Mahindra & Mahindra is ready with its BS VI engines across its entire diesel and gasoline portfolio. The entire transition will be costing the company upwards of Rs 1000 crore. With its portf...

Mahindra and Ford set to develop a compact SUV

Mahindra Group and Ford Motor Company have taken the next step in strengthening their ongoing strategic alliance in India with a definitive agreement to co-develop a midsize sports utility vehicle (SUV). Under the n...

Mahindra Logistics successfully trains 10000 drivers across India

Mahindra Logistics, the largest 3PL solutions providers in the Indian logistics industry, successfully trained 10000 drivers across India as a part of Pradhan Mantri Kaushal Vikas Yojana (PMVKY). The training, condu...

February 2019, a dismal month for Indian PV & 2-Wheeler manufacturers

The month of February 2019 has been a dismal month for automobile manufacturers, both four wheelers and two wheelers. According to the latest sales data released by the Society of Indian Automobile Manufacturers (SI...

 SIAM rolls out ‘Road Safety Week’ campaign

Society of Indian Automobile Manufacturers (SIAM) kick-started the Road Safety Week campaign at Delhi’s India Gate. This year’s event on the theme “Sadak Suraksha – Jeevan Raksha” has been organised in association w...

Cero (Mahindra MSTC Recycling Pvt. Ltd.) is India’s first authorised recycler of vehicles

Cero (Mahindra MSTC Recycling Pvt. Ltd.) has become India’s first authorised recycler for motor vehicles, having received accreditation by the Delhi Government on December 21, 2018. Cero, a joint venture between Mah...

8th EV Expo 2018 concludes successfully with new launches

Electric vehicle manufacturers like Gonenka Electric Motors, Mahindra Electric, ETO Motors, Soni E-vehicle, Altius Technologies, Geekay E-Bicycles, HIM Technoforge, Thukral Electric Bikes, Champion Polyplast and o...

Icat releases certification with high security features

International Centre for Automotive Technology (ICAT) has launched a new ICAT certification with high security features. This is a first of its kind initiative taken by any automotive certification agency in India f...

Advik Group conducts groundbreaking ceremony for its 9th plant

Advik Hi-Tech, a leading global automotive component manufacturer signaled the expansion of its global production network with the groundbreaking ceremony for its 9th plant and its 3rd in Pune. With this addition, t...

International Passive Safety Seminar calls for road safety and safe vehicles

The 2nd International Passive Safety Seminar (iPASS-2018) was conducted at ICAT, Manesar on December 13 and 14, 2018. The theme of the seminar was “Safe Vehicle, Safe Life”. The seminar aimed to spread the awareness...

Mahindra’s Igatpuri Plant Is India’s first carbon neutral facility

The Mahindra Group took a big step forward in its commitment to becoming carbon neutral by 2040, with its Igatpuri manufacturing plant recently becoming India’s first carbon neutral manufacturing facility. This was ...

Mahindra First Choice Services buys key assets of Carnation Auto

Mahindra First Choice Services (MFC Services) has entered into an asset acquisition agreement with the official liquidator of Carnation Auto (India) Pvt. Ltd. (CAPL). As a result, MFC Services will acquire key asset...

Mahindra signs strategic partnership agreement with Castrol India

Mahindra & Mahindra and Castrol India, a leading automotive and industrial lubricant manufacturing company in the country, announced the signing of a new strategic partnership agreement between the two companies. U...

Mahindra Introduces leasing for retail buyers

Mahindra & Mahindra Ltd (M&M Ltd) has announced the introduction of leasing for retail buyers, a unique ownership experience for customers of its personal range of vehicles. This offering has been designed at a mont...

Mahindra First Choice Wheels enters premium used cars business with ‘Edition’

Mahindra First Choice Wheels, India’s leading multi-brand certified used car company has launched its “Edition” brand, the country’s first premium used cars franchise network.

Anant Geete assures Indian auto industry of E-mobility Vision support

Ananth G Geete, Minister of Heavy Industry & Public Sector Enterprises assured the Indian auto industry that his ministry would take them along to adopt electric mobility. He told the automotive industry that promot...

Mahindra Logistics introduces Electric Vehicles for employee commute in Kerala

Mahindra Logistics (MLL), one of India’s largest 3PL solution providers, has introduced Electric Vehicles (EV) to its fleet of employee transportation vehicles in Kerala. The vehicles are eVerito models of Mahindra ...

SIAM urges government for long term policy roadmap

The Society of Indian Automobile Manufacturers (SIAM), an industry body representing India’s automobile sector, held its 58th Annual Convention titled “Building the Nation, Responsibly”. During the convention, th...

FCA files trade complaint against Mahindra in US; Says Roxor is a copy of Jeep

Automotive major Fiat Chrysler Automobiles (FCA) has filed a trade complaint against the Anand Mahindra-controlled Mahindra & Mahindra (M&M) seeking to stop the latter from selling the Roxor off-road vehicle in the ...

Mumbai Police inducts195 Mahindra TUV300 in fleet

Devendra Fadnavis, Chief Minister, Government of Maharashtra, flagged off Mahindra TUV300s from the Mumbai Police Commissioner’s office at Fort, Mumbai. These TUV300s are part of the 195 TUV300 vehicle that have bee...

MAHINDRA & MAHINDRA SCALES NEW HEIGHTS---Sunny Side Up

Auto and farm equipment major Mahindra & Mahindra has finally found its place in the sun after several years of perseverance and hard work, the last three years being significant ones that led to the company transfo...

Mahindra signs MOUs with Maharashtra Govt. for EV manufacture and deployment

Mahindra & Mahindra Ltd has signed two Memoranda of Understanding (MoUs) with the Government of Maharashtra (GoM), to further its next phase of expansion in electric vehicles (EVs) and achieve its vision of becoming...

Mahindra Electric, Meru join hands to deploy eVerito taxis in Hyderabad

On the occasion of Earth Day, Mahindra Electric, part of the Mahindra Group and Meru, the tech enabled cab services, announced a collaboration for a pilot EV project in Hyderabad with the intention to replicate the ...

Mahindra launches Automobili Pininfarina, a luxury car brand

After acquiring the Italian design house Pinifarina sometime back, Mahindra & Mahindra has announced the launch of Automobili Pininfarina, the world’s newest sustainable luxury car brand. Automobili Pininfarina will...

Mahindra Electric, Zoomcar collaborate to offer self-drive EVs on rent in Delhi

Mahindra Electric and Zoomcar, India’s leading shared mobility platform, have collaborated to offer 100 e2oPlus, Mahindra’s all-electric city smart car on the Zoomcar platform in Delhi. The vehicles were launched on...

Cero, India’s first auto shredding facility by Mahindras is ready

Mahindras will finally be inaugurating its new auto shredding plant in Greater Noida in Delhi NCR in April 2018. The plant built in Greater Noida in India’s northern state of Uttar Pradesh is India’s maiden organise...

Mahindra, Ford sign MoUs to co-develop midsize SUV, EV & connected car solutions

Mahindra Group and Ford Motor Company will jointly develop new SUVs, and a small electric vehicle as part of several initiatives announced between the two companies. The two companies signed five new memoranda of...

Maxxis Tyres inaugurates Rs 2640 crore India manufacturing plant

Maxxis Rubber India, a sub-company of Maxxis Group, the largest two-wheeler tyre manufacturer in the world, inaugurated its first manufacturing facility in Sanand, Gujarat. The plant was inaugurated by Vijaybhai Rup...

Mahindra and LG Chem collaborate for Li-ion battery technology

Mahindra & Mahindra Ltd., a part of the US $19 billion Mahindra Group and LG Chem, Korea’s leading manufacturer of advanced batteries have announced a collaboration in the field of advanced Li-ion battery technology...

Mahindra Rs. 500 cr additional investment in Chakan EV plant

Mahindra & Mahindra Ltd (M&M Ltd) has announced that it will make an additional investment at of Rs 500 crore in its Chakan plant in Maharashtra. The company will invest in its Electric Vehicle (EV) Project under th...

Mahindra launches ‘Bring the Showroom Home’ mobile experience

Mahindra & Mahindra Ltd. (M&M Ltd.) has announced an industry first initiative in the automotive retail space with the launch of its ‘Bring the Showroom Home’, a portable, mobile based, interactive Virtual Reality e...

Mahindra utility vehicle sales take a hit, CVs, tractors sales grow

Mahindra & Mahindra Ltd. (M&M Ltd.) passenger utility vehicles, the mainstay of its passenger vehicles, suffered a negative growth in domestic market sales in December 2017, recording 14514 units as compared to 1595...

Kinetic Engineering Limited records a 48% growth in Q2 revenues

Kinetic Engineering Limited, part of the Kinetic Group of Companies headed by Arun Firodia which transformed its business from two-wheelers to auto component systems since 2009, has in a board meeting held on Decemb...

Mahindra, Uber join hands to deploy electric vehicles

Mahindra, Uber join hands to deploy electric vehicles

Mahindras open new manufacturing facility in America’s Motown-Detroit

After several attempts to set its foot in the US of A, Mahindra & Mahindra has finally announced its presence in North America. Mahindra Automotive North America (MANA) opened a new North American HQ and manufacturi...

Indian Auto industry figures Oct 2017, a quick glance

A total of 2,162,164 units of vehicles that included passenger vehicles, commercial vehicles, three-wheelers and two-wheelers were sold in the country and 314,397 units exported.

Mahindra Electric, Zoomcar launch EVs for shared mobility in Mysuru

Mahindra Electric and Zoomcar, India’s leading car rental company, recently announced the launch of a unique initiative to promote development of the sustainable mobility ecosystem in the city of Mysuru. As part of ...

Who’s sold more, who’s sold less? Indian Auto industry figures Sept 2017

Here are some interesting facts about the Indian automotive industry in terms of domestic sales and exports. These figures have been culled out from the production, sales and exports figures for the month of Septemb...

JBM Group denies recovery of Rs 7 crore cash and gold in I-T raids

Immediately after a news agency reported that Income Tax officials had raided the premises of SK Arya controlled US $ 1.2 billion JBM Group (Jai Bharat Maruti) and had recovered around Rs 7 crore cash and three kilo...

Erstwhile partners M&M and Ford explore strategic cooperation

After more than two decades of Mahindra & Mahindra joining hands with Ford to form a joint venture and subsequently ending the JV in 2005, both the automobile companies have come together again to explore a strategi...

Dr. Abhay Firodia appointed President, SIAM

Dr. Abhay Firodia, Chairman, Force Motors has been appointed President of SIAM (Society of Indian Automobile Manufacturers) by the apex body's executive committee on September 7, 2017. Dr. Firodia will succeed Vinod...

Gadkari makes the Indian auto industry the whipping boy

Suddenly the Indian auto industry is the whipping boy for the Government. Road Transport Minister Nitin Gadkari told a stunned gathering of leaders from the Indian auto industry that he would ensure that petrol and...

Govt increases cess on luxury  cars to 25% under new GST regime

The Union Cabinet chaired by Prime Minister Narendra Modi cleared an ordinance to increase the cess on mid-size, large cars, luxury cars and SUVs from current 15% to 25% under the new GST regime. The cabinet gave it...

Lithium Urban Technologies target Delhi with its e-cabs

Delhi, one of the most polluted cities of the world, has a reason to breathe easy. Lithium Urban Technologies, India's first all electric solution to corporate needs has recognised Delhi as their newest market. Lith...

Mahindra First Choice Wheels includes premium bikes

Mahindra First Choice Wheels Ltd. (MFCWL), India’s leading multi-brand used car products and services company, has now entered the space of used premium two wheelers. The company will initially focus on the premium ...

Mahindra Electric unveils roadmap for making next gen electric vehicles

Mahindra Electric, manufacturer of electric vehicles (EV) and a part of the Mahindra Group, has unveiled a comprehensive technology and product roadmap, leading to the next generation of electric vehicles, which the...

Top losers and gainers in Indian passenger cars sales in April 2017

Despite the economy looking up and the Indian car industry showing a positive growth of 14.68 in domestic sales in April 2017 at 277,602 units, five out of 16 companies have show negative sales in April 2017 as comp...

Veejay Ram Nakra is Sr. VP - Sales & Marketing M&M Automotive Dvsn

Mahindra & Mahindra Ltd. has announced the consolidation of the sales and marketing functions under Veejay Ram Nakra. He has been redesignated as Senior Vice President – Sales and Marketing, Automotive Division, wit...

Pre-owned electric cars platform by Mahindra First Choice Wheels

Mahindra First Choice Wheels Ltd. (MFCWL), India’s No. 1 multi-brand certified used car company, has inaugurated India’s first certified pre-owned electric vehicle outlet - Car Connect, located at HSR Layout in Beng...

Uno Minda Group in JV agreement with Katolec Corporation of Japan

Minda Industries Limited, the flagship company of Uno Minda Group has entered into Joint Venture (JV) agreement with Katolec Corporation, Japan. The proposed name for the joint venture company is Minda Katolec Elect...

India has huge potential for auto shredding, says Minister

Keeping in mind that the country has more than 7 lakh cars and over 4 lakh trucks and buses which have reached end-of-life stage, the Indian market has a huge potential for auto-shredding. By 2025, around 28 lakh ca...

Mahindra inaugurates spare parts warehouse in Mahindra World City, Jaipur

Mahindra & Mahindra Ltd (M&M Ltd) has inaugurated a state of the art spare parts warehouse in Mahindra World City (MWC), Jaipur. As one of the largest, most modern warehouses in the country and the company’s first i...

Kia plant in India likely to be part of Hyundai Group US$ 73 billion global investments in 2015-18

Hyundai Motor Group has earmarked around US$73 billion in facilities and R&D between 2015-2018. The US $44 billion Kia Motors Corporation, a leading car manufacturer based in South Korea and a company which is part ...

Pawan Goenka elevated to MD, Mahindra & Mahindra

Mahindra and Mahindra Limited (M&M) announced that Anand Mahindra, who currently holds the position of Chairman and Managing Director, is being designated as Executive Chairman of the Company with Dr. Pawan Goenka b...

Ather Energy gets Rs 205 cr funding from Hero MotoCorp

Bengaluru based Ather Energy, the smart electric two-wheeler start-up, announced a fresh round of funding of Rs 180 crores from Hero MotoCorp for 26-30% stake.

Mahindra acquires controlling stake in Classic Legends

Mahindra & Mahindra is on an acquisition spree in both its four-wheeler as well as two-wheeler businesses. After buying controlling stakes in companies like car maker Ssangyong of South Korea and Italian vehicle des...

Ssangyong Motor Signs LOI for JV with Shaanxi Automobile Group of China

SsangYong Motor Company, part of the Mahindra Group, has announced that as part of its effort to grow in China, the company signed a letter of intent (LOI) with the Shaanxi Automobile Group for a joint venture that ...

Dr. Pawan Goenka awarded 2016 FISITA Medal

Dr. Pawan Goenka, Executive Director, M&M Ltd and Chairman of the Board of SsangYong Motors, is the first Indian to receive the prestigious 2016 FISITA Medal of Honor, for his outstanding contribution to the global ...

Mahindra and Ola enter into strategic alliance

Mahindra & Mahindra Ltd has signed an MOU with shared transportation platform, Ola to empower 40,000 driver partners across India by 2018. Through this strategic alliance, they aim overall vehicle sales and financin...

Mahindra rebrands Electric Mobility Business as Mahindra Electric

Mahindra & Mahindra Ltd. (M&M Ltd.) has recently rebranded its electric mobility portfolio as Mahindra Electric. Under the umbrella brand, Mahindra Electric, the company will manufacture electric cars, license out i...

TWO-WHEELER SPECIAL: Standing Tall On Two Wheels

The Indian two-wheeler industry is gleefully hoping that the remaining months of the current fiscal 2016-17 will see a spurt in demand for two-wheelers.

Volvo Auto India strengthens senior management team

Swedish luxury car brand Volvo Cars has announced three new senior management team appointments in India. In the new organisational structure, Nalin Jain takes up the position of Chief Financial Officer while Jyoti...

Automotive business thrives in South India: 2016

‘Kabali’, the blockbuster Tamil movie starring south Indian superstar Rajnikanth got off to a roaring start in July 2016 across cinema halls in India. While Rajnikanth is, without doubt, a showstopper and a star to ...

Relief for auto makers as SC lifts ban on diesel vehicles in Delhi NCR

The Supreme Court of India on August 12, 2016 has lifted the ban on diesel vehicles with engine capacities of 2000cc and above but has asked affected car makers to deposit of one per cent of ex-showroom price as gre...

Mahindra Intertrade,  MSTC Ltd. JV agreement for auto shredding facility

Mahindra Intertrade Ltd., a part of the Mahindra Partners Division of Mahindra Group, and MSTC Ltd. (a Government of India enterprise) have signed a formal joint venture agreement to set-up India’s first-of-its-kind...

Mahindra Partners’ fresh funding for US based Scoot Networks

Mahindra Partners, the $900 million private equity division of the Mahindra group, has announced that it has closed a new round of financing in Scoot Networks, an urban mobility solutions provider based in San Franc...

Kerala ban on diesel cars sends Indian auto industry into tizzy

The latest ruling of the National Green Tribunal (NGT) banning diesel vehicles with engine capacities of 2000cc and above has sent the entire Indian auto industry in a state of shock and disbelief. The NGT bench hea...

Mahindra XUV500 Automatic now in Australia

Down Under there is more news beyond cricket. Mahindra Automotive Australia Pty LTD (MAAPL) has launched the Automatic Transmission version of the New Age XUV500 in Australia. The Automatic Option will be available ...

Mahindra Intertrade, MSTC Ltd. sign MoU to set up India’s first auto shredding facility

Mahindra Intertrade Ltd., a wholly owned subsidiary of the Mahindra Group, has signed a Memorandum of Understanding (MoU) with MSTC Ltd. (a Government of India enterprise formerly known as Metal Scrap Trading Corpor...

Sharad Agarwal appointed as Head of Lamborghini India

Sharad Agarwal, previously the Head of Field Forces for Audi India, has now been appointed as the Head of Lamborghini India with immediate effect. As the Head of Lamborghini India, his role is to drive the entire sp...

SC ban on diesel cars above 2000 cc continues in Delhi NCR

The financial year 2015-16 ended on a sour note for several automobile manufacturers in the country when the Supreme Court in a hearing extended the ban on diesel vehicle registration in Delhi. Thus, all diesel cars...

Toyota, Hyundai , Honda corner major JD Power awards

Toyota Kirloskar, Hyundai Motors India and Honda cornered a majority of the awards as J.D. Power recognised the highest-performing automotive companies in its 2015/ 2016 India customer satisfaction studies at an awa...

BAE Systems down-selects Mahindra for proposed defence equipment

BAE Systems has down-selected Mahindra as its business partner for the proposed in-country Assembly, Integration & Test (AIT) facility for the M777 Ultra Lightweight Howitzer. Mahindra Aerospace and Defence Sector h...

GREEN DAY: Geete takes his new Mahindra electric car to Parliament

Members of Parliament have in the past travelled to the august House on their cycles, scooters, auto rickshaws, horse carts, fancy cars and what not to grab the attention of the media. But for the first time, a Mini...

No sale of new diesel vehicles with 2000cc plus engines till March 31: SC

Unmindful of the repercussions that it could have on the investment climate of the country, the Supreme Court on December 16, 2015 has put a blanket ban on sale of all diesel vehicles in Delhi that have an engine ca...

SC clamps the rich man’s wheels; Common man trampled too

The National Green Tribunal (NGT is going hammer and tongs against diesel vehicles and has called for their ban in Delhi, but in the meantime, the Supreme Court on December 15, 2016 said it was considering a ban on ...

Mahindra acquires a major style statement; To buy Pininfarina

Tech Mahindra Limited, a leading provider of IT, Networks and Engineering solutions and BPO services, and Mahindra & Mahindra have jointly entered into an agreement with Pincar S.r.l., to purchase a controlling stak...

It’s a Blue, Blue Christmas for diesel car makers in India

Leading SUV manufacturer in India, Mahindra & Mahindra will be the worst hit by the recent ban on diesel vehicles in the capital city of Delhi from December 11, 2015 to January 6, 2016 as ordered by the National Gre...

Shocked Dr Goenka says diesel vehicles have become “whipping boy”

Shocked and concerned by the decision of the National Green Tribunal (NGT) to ban registration of new diesel vehicles in Delhi, Dr. Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd has stated that “diesel v...

Honda Cars to replace Fuel Return Pipe in 90,210 City & Mobilio diesel models

Honda Cars India Ltd (HCIL) has announced that it would recall a total of 90,210 units of its diesel cars so as to voluntarily replace the fuel return pipe of these vehicles. These cars include 64,428 units of diese...

More than 1 million passenger vehicles recalled after July 2012, says Govt

Since July 2012 when a voluntary code on vehicle recall came into effect in India, more than 1 million vehicles have been recalled by various vehicle manufacturers across the country. The recalls include those from ...

Will the Kwid halt Renault’s sales skid? Lodgy, Duster sales plunge

The Renault Kwid, the small hatchback launched by Renault India in September 2015 has sold 5194 units in the Indian market for the month of October 2015, according to the latest data released by Society of Indian Au...

Mahindra Haridwar plant crosses production milestone of 7 lakh vehicles

Mahindra & Mahindra Ltd. (M&M Ltd.) has achieved a production milestone of 7 lakh vehicles from its automotive plant in Haridwar, Uttarakhand. The Haridwar plant achieved this milestone in less than 10 years. The pl...

Goenka confirms S101 hatch will have a 1.2 litre petrol engine

It is official now that the soon to be launched smart hatchback car code named S101 from Mahindra and Mahindra will definitely have a 1.2 litre petrol mill. Spy shots of the S101 have been doing the rounds of the so...

Bahubali Prabhas and Dr Goenka’s wit

If Anand Mahindra’s speech at the launch of the TUV300 at the Mahindra plant in Chakan in Pune, Maharashtra on September 10, 2015 was all about love and emotions intertwined with the inherent strengths of the TUV300...

Anand Mahindra’s love story with the TUV300

It is seldom that a car manufacturer talks about love at the launch of a vehicle. But for Anand Mahindra, Chairman, Mahindra & Mahindra, it was a different love story all together at the launch of the TUV300 sport u...

Govt mulling creation of new Transport Department, says Gadkari

Union Minister of Road Transport and Highways Nitin Gadkari has stated that the Government has been mulling the option of creating a new department of transport which will be headed by a new Secretary. The new depa...

Mahindra, Toyota rank highest in sales satisfaction among mass market brands

Toyota Kirloskar Motor and Mahindra & Mahindra have ranked highest in sales satisfaction among mass market brands in India, according to the J.D. Power Asia Pacific 2015 India Sales Satisfaction Index (SSI) Study re...

SPECIAL REPORT ON INDIAN TYRE INDUSTRY: An Un-Tyre-ing Journey

The Rs 50,000 crore Indian tyre industry today has a few reasons to smile and a few reasons to frown. On the one hand, after a lull in the industry while the demand for tyres in 2015-16 is seeing a growth coupled wi...

South India Special Part 1: Tamil Nadu

Five states comprising Tamil Nadu, Kerala, Andhra Pradesh, Karnataka and the newly formed state of Telangana make up South India. Among these, it’s Tamil Nadu that is way ahead when it comes to its contribution to t...

South India Special Part 2: Karnataka

Karnataka is India’s eighth largest State in terms of area and 9th largest State in terms of population. Some of the prominent cities in the state are Bengaluru, Mysore, Mangalore, Belgaum, Gulbarga, Hubli-Dharwad,...

South India Special Part 4: Telangana

It was only on June 2, 2014, barely a year back that the State of Telangana was formed. It became the 29th State of the Indian Republic. The State Chief Minister K. Chandrasekhar Rao is keen to transform this small ...

House Full at Auto Expo –The Motor Show 2016

Despite the absence of a few big names like Harley-Davidson, Bajaj, Daimler India Commercial Vehicle (DICV) and Royal Enfield, the entire space at the Auto Expo-The Motor Show 2016 to be held at the India Exposition...

Mahindra becomes member of Open Automotive Alliance (OAA)

Mahindra & Mahindra Ltd (M&M Ltd) has announced that it had become a member of the Open Automotive Alliance (OAA), a global alliance of vehicle manufacturers, with leading edge technology, committed to bringing the ...

Dr Pawan Goenka is envoy of Foreign Investment Promotion for Korea

Dr Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd., was appointed Honorary Ambassador of Foreign Investment Promotion for Korea at a special ceremony which was held in Mumbai. He was conferred with this t...

Mahindra to take 33pc stake in Mitsubishi Agricultural Machinery for Rs 159 crore

Leading automobile manufacturer in India Mahindra & Mahindra will invest around Japanese Yen 3 billion (USD 25 million / Rs 159 crore approx.) for acquiring 33pc voting stake in Japan based Mitsubishi Heavy Industri...

Mahindra Scorpio registers its highest ever annual sales in FY15

The iconic Mahindra Scorpio SUV has crossed the 50,000 milestone in unit sales in FY15, for the 4th consecutive year. According to a press release, the Scorpio sold 51,553 units in FY15, being the highest ever annua...

Mahindra invests Rs 250 crore more in Zaheerabad plant

Automobile manufacturer Mahindra & Mahindra Ltd. has inaugurated its extended automotive manufacturing facility in Zaheerabad, Telangana. This facility was inaugurated by Chief Minister of Telangana K Chandrashekar ...



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