Net profit at M&M and Mahindra Vehicle Manufacturing Ltd contracted to Rs 918 crore from Rs 1,238 crore a year ago while revenue and other income decreased to Rs 12,997 crore from Rs 13,551 crore a year ago.
Among the cars unveiled at the Auto Expo on Wednesday was Mahindra and Mahindra's e-KUV for Rs 8.2 lakhs ex-showroom Delhi. With a single charge range of 150 km and a 55 min fast charging upto 80 pc, it was both a head-turner and a conversation-starter.
'There is good indication that the economy is bouncing back, but the problem is, we should look at the eight quarters preceding March 2020.' 'The growth had fallen below 3.1% before March 2020.' 'So, the governments must realise that even if you transform the best of green shoots into banyan trees, you see only 3.1% growth.'
The incident took place at Bhatindi on Saturday morning when the man, hailing from Mendhar in Poonch district, drove at a high speed and banged his car against the main gate, they said.
'Family businesses have to put competent people in charge who believe they can get to the top.'
'If you don't remove the glass ceiling, you won't get the best talent.'
Cumulative sale at India's top six passenger vehicle (PV) makers dropped 0.7 per cent to 267,000 units, from 269,000 a year before.
Maruti Suzuki, Hyundai, Honda Cars and Tata Motors posted single digit growth during the period under review while M&M reported decline in sales.
Sports Ministry formally recognises yogasana as competitive sport.
The government is working on a recall policy.
The rough and tough image of SUVs is now being presented in a more technologically upgraded form.
The SUV will herald a new chapter in Hyundai's success story.
Various factors, including robust demand in rural markets and good response to new models, helped in driving the sales.
The only reason why the Marazzo interests you is because your budget doesn't afford you the better MPV, the Toyota Innova and that's where Mahindra has played the masterstroke, the price, it fits right between the Ertiga and Innova and if you want an MPV in this price bracket, the Marazzo is just unbeatable.
Auto loan costs remain stubbornly high.
Rediff.com's Rajesh Karkera made an 11-day road voyage across some of South Asia's most deserted, challenging, terrain, always under the gaze of the sacred, dazzling Himalaya.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
After a few exciting days in Nepal, a land of alluring stupas, Rediff.com's Rajesh Karkera, on a tri-nation drive, heads east via India into mysterious Bhutan.
Utility vehicles leader Mahindra and Mahindra on Monday announced a nominal 0.5 per cent price hike across all models, expect for the premium sports utility vehicles XUV 500 and the Rexton from its Korean arm, despite falling sales, which dipped nearly 8 per cent in June.
Off-road driving allows you to get to remote places which are likely to be less visited and unpopular. It's also fun and a challenge and will give a rewarding experience.
The Creta is more sure-footed than previous cars from the Korean firm. Ride quality is good, there is no bouncy feel and the pothole ridden Mumbai roads aren't as bad in the Creta as they are in other cars.
Audi India launched the second generation 2016 Audi R8 at the show.
Even as the anti-terror operations continue at the Pathankot Air Force base, the National Investigation Agency has started piecing together the puzzle over how the terrorists managed to sneak into the country and launch the brazen attack.
While hybrids, CNG and biofuels found favour in 2018 among many carmakers including Maruti Suzuki, Mercedes-Benz, Toyota and Honda, others such as M&M and Tata Motors have shown full faith in electric vehicles.
The Nissan Terrano is an upmarket urban SUV which is single-handedly responsible for bringing some much needed footfall to Nissan showrooms
What does one do when one day, out of the blue, one is told to go on a road trip to the Everest Base Camp?
The company announced on July 11 that it would stop production at its automotive plants for a period ranging from 1 to 8 days during the remaining period of the month.
Bollywood has always had a special fascination with wheels, be in motorcycles or cars. So it was no wonder that a special enclave was created at the ongoing Auto Expo 2016 in Greater Noida to tip the hat to the iconic films where the automobile played a critical part.
Dealers say there's been a 20-25 per cent drop in demand.
Sensex rises, snapping two-session losing streak; banks, auto gain.
The Tata Hexa is a very important product for the Indian passenger car maker as it marks the resurrected era of Tata Motors after the blasphemous 2000's Indica era.
Maruti Suzuki India said its domestic sales rose 10.6 per cent in May.
Auto major Mahindra & Mahindra on Friday said it will hike the prices of its passenger cars and commercial vehicles by Rs 6,000 to Rs 20,000 from October 1, partly to offset higher input costs and depreciation of rupee against the dollar.
TUV300 will take on the likes of Ford EcoSport and Renault Duster that are priced between Rs 7.88 lakh and Rs 13.54 lakh.
The auto maker wants to cut output in the wake of low demand.
'I was planning to quit but I think fans recognised my efforts and voted for me,' Jhalak Dhikhhla Jaa 7 winner Ashish Sharma tells Rajul Hegde.
In absolute terms, prices will go up by Rs 5,500 to Rs 47,000, depending on the model and prevailing prices.
Maruti Suzuki India (MSI) on Monday reported a 29.1 per cent rise in total sales in October.
Whether it is protecting its turf in its core utility vehicle segment through new model launches, or stepping up investment in electric vehicles, the Anand Mahindra-led firm is leaving nothing to chance
HSBC analysts believe the UV which might sell about 3,000 units a month might fail to be an aspirational product in urban India.
Apart from a pavilion of vintage cars, there will be a Bollywood corner
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