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.
There's hardly anything that can go wrong with this vehicle since it offers everything that a buyer in this segment would ever want.
Shares of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, on Tuesday made a muted market debut and further fell by nearly 6 per cent against the issue price of Rs 1,960. The stock listed at Rs 1,931, reflecting a decline of 1.47 per cent from the issue price on the BSE. Later, the stock made some recovery and hit a high of Rs 1,968.80, up 0.44 per cent.
Hyundai Motor India expects SUV sales to account for 65 per cent of its overall volumes in 2024, while it gears up to enter the EV segment early next year, aiming to garner 20 per cent of its total sales by 2030, its COO Tarun Garg said on Tuesday. The automaker, which got around 60 per cent of its overall volumes from sports utility vehicle (SUV) sales last year, plans to invest Rs 7,000 crore on its second plant at Talegaon, according to Maharashtra Deputy Chief Minister Devendra Fadnavis. The company officials however declined to comment on the matter.
If you think Hummer would have topped, then here's a surprise: It does not even feature in the top 5.
Toronto-based company Conquest Vehicles has launched Evade, the company's first unarmoured SUV in India.
There is no denying that sports utility vehicles (SUVs) are increasingly becoming popular among Indian car buyers.
The suspect, identified as Vem Miller, was intercepted by police at a checkpoint about a half-mile from an entrance to the rally, police said.
Prices of various car models -- ranging from entry-level hatchbacks to high-end luxury offerings -- are set to rise as automakers have announced price hikes with effect from January. Carmakers cite an increase in input costs and operational expenses as the main reason to implement price increases from the next month. Industry experts, however, note that the exercise is also undertaken by automakers every year in December to shore up sales volume in the last month of the year, as customers postpone buyouts to later months to get the new year manufactured units.
Europe's leading car maker, Groupe PSA, officially announced its re-entry in India this April with the Citroen brand. Citroen C5 Aircross SUV will challenge the likes of Mahindra XUV500, Tata Harrier, Hyundai Tuscon, Jeep Compass and the upcoming MG Hector. The C5 Aircross will be the first of several differentiated products from the company's vehicle manufacturing unit in Tiruvallur, Tamil Nadu.
At the state level, Pawar appealed to Maharashtra Chief Minister Eknath Shinde to convene an all-party meeting to discuss the quota dispute.
'We participate in the design/development of components and systems for electric vehicles, internal combustion engines, and hybrid vehicles.'
EcoSport accounts for almost 40 per cent of the cumulative one million units sold by Ford in India till date, which is a reason why more than half of its future launches could be SUVs.
The XUV300, Mahindra's second compact SUV, is so packed with segment-firsts that it is sure to send shockwaves among competitors.
Mahindra & Mahindra on Wednesday posted a 20 per cent increase in its consolidated net profit at Rs 3,283 crore for the first quarter ended June 30, 2024. The Mumbai-based company had reported a profit after tax of Rs 2,745 crore in the year-ago period. Revenue rose 10 per cent year-on-year to Rs 37,218 crore as compared to Rs 33,892 crore in the June quarter of last fiscal, the company said.
Toronto-based Conquest Vehicles now has two SUVs under its belt, Evade and Knight XV.
While the overall passenger car industry is expected to grow at around seven per cent a year in the next five years, SUV growth is expected to be over 10 per cent.
A class 12 student was allegedly chased in a car and shot dead in Faridabad on August 23 by a group of five cow vigilantes who mistook the boy for a cattle smuggler, police said on Tuesday.
The diesel engine option for almost all SUVs cuts down the burden on commoners, thanks to low diesel price.
Passenger vehicle sales are expected to experience muted growth in the current financial year.
Stylish SUV Tivoli is all set to take on competition from Hyundai Creta and Renault Duster.
Jeep is looking at local manufacturing in India.
It's got the looks, it's got the features, but the Magnite's success will depend on its pricing, says Rajesh Karkera.
Most SUVs are designed with an engine compartment, a combined passenger and cargo compartment, and no dedicated trunk.
A tough and stylish SUV from Mahindra & Mahindra Ltd will hit the roads in September.
Mahindra group and Ford Motor Co will jointly develop new SUVs and a small electric vehicle as part of several initiatives to take forward their collaboration pact signed last year.
The country's largest car maker Maruti Suzuki India on Friday reported a 47.8 per cent rise in net profit for the March quarter of FY24 to Rs 3,877.8 crore, on account of higher sales volume and favourable commodity prices.
It is the global leader in car sales but in India, is a distant fifth.
The journey ahead, however, will not be easy, with the price of diesel, the most preferred fuel of the oil-guzzling SUVs, going up steadily.
Starting with a price tag of Rs 525,000 ex-showroom the range crosses Rs 1 crore for some models.
Mansukh, around 45 years old, had gone missing on Thursday night. The body was found on the banks of the creek along the Mumbra Reti Bunder road, a senior official of Thane Police said.
Force Motor planning to launch a Sports Utility Vehicle in the country.
The design of the rear doors and C-Pillar for example seem inspired by the Suzuki iv-4 concept crossover.
Rescue operations underway to rescue stranded tourists after an avalanche hit near Hung, Sonamarg, Jammu and Kashmir on Friday, March 29, 2024.
The average car price in India has increased rapidly in the last 5-6 years due to new emission regulations and demand for more spacious and comfortable cars loaded with advanced technology.
At Rs 28.19 lakh - Rs 32.97 lakh (ex-showroom India) it delivers excellent value for its combination of road presence, gizmos, safety, off-road capability and driveability.
If you are looking for an SUV with the latest tech, then the Scorpio Classic is cleary not for you.
The Jaguar has 11 different types of F-Paces in different engine and style combinations that start from a Rs 40-lakh petrol variant and go up to a V-8 engined convertible that can cost Rs 2.8 crore.
Those on the lookout for a fun, practical and convenient compact SUV will not be disappointed by the Ford EcoSport.
Among the many SUVs trying to grab a piece of the Indian market Mahindra Scorpio, Tata Safari and Mahindra Xylo are neck to neck.
