Mahindra & Mahindra is looking to increase production of its latest sports utility vehicle XUV500 to about 3,000 units per month in the next 2-3 months because of strong demand.
This new compact SUV is offered in SLE, SLX and ZLX variants
FCA has alleged that the Roxor, which M&M imports in the US from India as knocked-down kits, was "a nearly identical copy of the iconic Jeep design", adding that the product was modelled after the original Willys Jeep.
This settlement relates to an accounting fraud perpetrated by the company's former management from at least 2003 through September 2008.
East Bengal coach Subhash Bhowmick is disappointed at being forced to go into Wednesday's I-League second round clash against Mahindra United without the benefit of a full practice session for his team.
Amid better semiconductor chip supplies, the Indian automotive industry posted an 8 percent growth in production of vehicles across categories for the month of May, with three-wheelers (20 per cent) and passenger vehicles (16 per cent) leading the pack. Exports, however, dipped 21 per cent at an industry level. The industry also recorded its highest-ever May wholesales of domestic passenger vehicles (334,802 units), riding on high demand for sport utility vehicles (SUVs) and better supplies of semiconductor chips.
Tata Motors, the market leader in electric four-wheeler space, has sought incentives for its Tiago EV under the government's production-linked incentive (PLI) scheme, group chief financial officer P B Balaji said on Tuesday. The Mumbai-headquartered firm has applied for all variants of the Tiago, which recently hit a sales milestone of 10,000 units. "The Automotive Research Association of India certification is done.
Tivoli has turned out to be the best-selling vehicle from SsangYong in its 62-year history, Ajay Modi reports from New Delhi.
The Mahindra KUV100 offers a young design language with lots of urban appeal at a compelling price tag.
Odafe Onyeka Okolie's goal gave the Goa team a 1-0 victory over Mumbai's Mahindra United in the final and their maiden triumph in the tournament.
The country saw a massive year-on-year surge in the demand for electric vehicles, with retail sales of electric two-wheelers rising by 58 per cent, passenger vehicles by 130 per cent, three-wheelers by 82 per cent, and commercial vehicles by 171 per cent in March 2023, according to the data shared by the Federation of Automobile Dealers Associations (Fada). According to a report by JMK Research, the EV segment as a whole grew by 157 per cent during FY23, to 1,180,597 units, from 458,746 units a year ago. Overall, EV sales in March 2023 rose by 82 per cent from the March 2022 figure, the JMK report added.
The auto maker wants to cut output in the wake of low demand.
Mahindra United defender Surkumar Singh was named 'Player of the Year' by the All India Football Federation.
Mohun Bagan rode on a Jose Barreto hat-trick to blank Kolkata rivals Mohammedan Sporting 3-0 in the 113th IFA Shield tournament quarter-final group league matches in Kolkata on Saturday. In the day's other matches, Mahindra United beat East Bengal 2-0 while Churchill Brothers and Dhaka Mohammedan Sporting drew goalless.
The 2015 Mahindra Thar is now refreshingly desirable.
'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'
The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.
The plaintiffs sought to represent all dealers who entered into agreements with Global Vehicles to sell Mahindra vehicles in the United States.
Domestic passenger vehicle (PV) sales saw a significant growth in October due to increased availability of semiconductor chips and rising consumer confidence. The sales figures during the month - which coincided with the first post-Covid festival season - released by the top ten carmakers saw a jump of 30.7 per cent to 322,885 units in October. Auto companies count wholesales - units dispatched to dealers - as sales.
The Bolero has sold over 1 lakh vehicles during FY2015.
The Goa team, in a letter to the AIFF, said the officials for their Federation Cup match against Mahindra United adopted a casual approach.
The iconic brand is considering petrol powertrains for its entire Indian portfolio, which includes the Jeep Compass, Meridian, Grand Cherokee and Wrangler.
Tech Manhindra, the parent company, expects to complete merging Satyam with itself in March.
The much awaited Mahindra e20 launched on Tuesday.
Dempo beat Mahindra United 2-1 for their third straight win in the National Football League.
The company already sells medium-to-high powered tractors in the US market. Although the exact date of launching the vehicles in the US was not revealed, company sources said that the launch will take place in January.
Other players who have declared no production days in the recent past, and during this month, include Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp, Bosch, Jamna Auto, Wabco and Sundaram-Clayton.
Jimny will be priced between Rs 12.7 lakh and Rs 15.05 lakh.
Also on the list is a next-gen electric car from the Reva stable.
Open order books in February breach 700,000; wait period for some models exceed a year.
IT services firm looks at local partnerships, JVs, acquisitions to expand base in region.
From the Sensex pack, Tata Steel declined 3.45 per cent, followed by Tata Motors which fell by 3.19 per cent. Bajaj Finserv, NTPC, JSW Steel, State Bank of India, Larsen & Toubro and Bharti Airtel were among the other major laggards. Nestle, Asian Paints, Hindustan Unilever and Tech Mahindra were the gainers.
Mahindra Mojo would rival the likes of Kawasaki Ninja 300R, the Honda CBR250R and the KTM Duke 390 by March 2015
Automakers Maruti Suzuki, Tata Motors, Mahindra & Mahindra and Kia reported robust growth in their vehicle dispatches in the domestic market for August buoyed by festive demand and easing of semiconductor shortage woes. Other manufacturers like Hyundai, Toyota and Skoda also reported growth in wholesales in August as compared with the same month last year. The country's largest automaker Maruti Suzuki India said its domestic passenger vehicle dispatches increased by 30 per cent to 134,166 units in August as compared with 103,187 units in the year-ago month.
There are tweaks to the exterior and interior styling and one big updatecomes in the form of a more powerful engine from the XUV500.
Germany-based Mutares SE & Co will acquire 80 per cent controlling stake in Mahindra & Mahindra's French unit Peugeot Motocycles. In a statement, the Mumbai-based auto major on Thursday said Mutares has submitted an irrevocable binding offer to acquire 50 per cent of equity and a controlling stake of 80 per cent in France-based Peugeot Motocycles (PMTC). As part of the deal, Purple, a fully-owned entity of Mutares Holding, would invest 7 million euros in PMTC, which would entitle it to a 50 per cent shareholding and 80.01 per cent voting rights in the French firm.
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