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.
Tata Motors, Mahindra & Mahindra and Kia India on the other hand witnessed an increase in their market share based on the retail sales last fiscal. As per the Federation of Automobile Dealers Associations (FADA), the retail sales of country's largest carmaker Maruti Suzuki India rose to 14,79,221 units in 2022-23 fiscal, attaining a market share of 40.86 per cent. It had retailed 12,39,688 units in 2021-22 and grabbed a market share of 42.13 per cent.
'Those trying to use these funds for quick gains should avoid them due to risk of being late to the party.'
Ahead of the peak festive season, India's passenger vehicle makers are staring at a cumulative order backlog of nearly 500,000 units as chip shortage continues to cripple production. The crisis is forcing companies to change their production plans frequently and take a call on the variants they can manufacture based on the availability of semiconductors. The booking numbers are not a true reflection of demand, said manufacturers.
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.
Mahindra United defender Surkumar Singh was named 'Player of the Year' by the All India Football Federation.
The auto maker wants to cut output in the wake of low demand.
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.
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.
The 2015 Mahindra Thar is now refreshingly desirable.
The plaintiffs sought to represent all dealers who entered into agreements with Global Vehicles to sell Mahindra vehicles in the United States.
The previous May peak was observed in 2018 when the domestic PV wholesales stood at 301,238 units.
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 stock of Mahindra & Mahindra (M&M) has been touching successive all-time highs on the bourses and, over the past year, gained 81 per cent. While the S&P BSE Auto Index has not performed poorly, registering gains of 73 per cent, it still trails the company by 800 basis points (bps) during this period. There are multiple reasons why investors are beating a path to M&M's counter.
Which entrepreneur would willingly part with her or his hard-earned money for grasping, self-serving politicians? asks Debashis Basu.
The Bolero has sold over 1 lakh vehicles during FY2015.
Tech Manhindra, the parent company, expects to complete merging Satyam with itself in March.
Vantika Agrawal, 21, is aiming to become a Grandmaster, which could happen as early as next year.
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.
The much awaited Mahindra e20 launched on Tuesday.
Also on the list is a next-gen electric car from the Reva stable.
IT services firm looks at local partnerships, JVs, acquisitions to expand base in region.
If you are planning to buy an electric car in the near future, it would be highly advisable to wait for these upcoming electric SUVs.
Mahindra Mojo would rival the likes of Kawasaki Ninja 300R, the Honda CBR250R and the KTM Duke 390 by March 2015
With the rush of growth after the pandemic slowing down, many leaders are moving to firms that may be smaller but are growing much faster and have the headroom to grow.
A brace by Nitendra Chandra helped Mahindra United beat Churchill Bros 3-0 on the opening day of the Nike-Manchester United Premier Cup (under-15) South and West Zone football qualifiers at the Nehru stadium, in Margao, Goa, on Wednesday. The other goal was an own goal by Churchill Brothers' Jesel Baretto. In another match, played at the Raia Football ground, Mumbai Schools Sports Association were held to an 1-1 draw by Barca FC.
FMPs remain an option for investors who believe interest rates could head downward over time and wish to lock in the current rates. TMFs have very low expense ratios, which makes them cost-efficient.
You can ask for written communication from your HR manager seeking an explanation about your resignation. Please mark the copies to your senior authorities as well as top executives especially if you feel you are being harassed, suggests rediffGURU Pradeep Pramanik.
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.
Ford India and Renault too reported good sales growth in April
Consumer goods firms and auto companies are witnessing an upturn in rural demand, which had been lagging for most of FY24. Expectations of a bumper rabi crop harvest have helped turn the tide. The Reserve Bank of India's (RBI's) Monetary Policy Committee kept the repo rate unchanged last week, noting that as rural demand catches up, consumption is expected to support economic growth in 2024-25.
There are tweaks to the exterior and interior styling and one big updatecomes in the form of a more powerful engine from the XUV500.
The new scheme, promoting manufacturing of electric vehicles (EVs) by global majors, will give a fillip to companies like Tesla and its upstart rival Vinfast, both of whom have lobbied for lower import duties from the Centre. While Vinfast has already announced an investment of Rs 4,000 crore to set up an electric vehicle (EV) plant in Tamil Nadu, Tesla's next move will be watched carefully. Four years ago, Musk announced that his company would come to India.
Leading Indian utility vehicle player Mahindra & Mahindra is likely to buy out its local partner in Mahindra South Africa, which is currently a 92 per cent subsidiary.
