Mahindra & Mahindra is in talks with Delhi-based Sonalika Group for a strategic stake in the latter’s SUV arm that makes the Rhino range of vehicles. The tractors and utility vehicles maker has been in talks to pick up a majority stake in International Cars and Motor (ICML) since late 2009, but there is no […]
Mahindra & Mahindra, India’s largest utility vehicle and tractor maker, hopes to announce in 2-3 weeks a timeframe for the launch of
its pick-up trucks in the United States, a top official said on Thursday.
The U.S. market is crucial for Mahindra to achieve its objective of becoming a global player. The launch, originally expected late last […]
Mahindra & Mahindra is aiming to see a double-digit growth in two wheelers in the next five years and would also look for some acquisitions to achieve this, said Anoop Mathur, President two-wheeler sector.
According to him, as part of the $6.3 billion M&M Group, they always look for opportunities to grow.
The group philosophy is to […]
Mahindra & Mahindra is looking to expand its pre-owned vehicles business with plans to sell one lakh units every year by 2015, for
which it will ramp up its outlets by over four-fold.
“There is a huge demand for second-hand market… About 14 lakh units were sold in the market last fiscal. Our own target is to […]
Mahindra and Mahindra (M&M) has become the world’s number one tractor company by selling 1.59 lakh tractors in 2009. It has pipped John Deere of the US, which sold 1.59 lakh tractors. “If we take volumes of M&M and Swaraj and don’t include subsidiaries or international operations, we don’t think any single entity could have […]
Pre-owned car-seller, Mahindra First Choice Wheels Ltd, is planning to launch service facility at its dealer outlets soon.
�We will be launching an initiative called �2 S’ (sales and service) which combines sales and services at our outlets,” Mr Shubhabrata Saha, Chief Executive Officer, Mahindra First Choice, told newspersons after inaugurating two authorised dealerships here on […]
The diversified Anand Mahindra group is all set for a big splash in multi-brand car service business , currently dominated by unorganised players and estimated at Rs 20,000 crore. It also targets foray into the motorcycle segment with a full range of products by this year.
Mahindra & Mahindra (M&M ), a leader in the utility […]
Auto components maker WABCO-TVS (India) said it has entered into an agreement with Mahindra Navistar Automotive Ltd for development and supply of air compressor technology for braking system, with production starting this year.
Mahindra Navistar Automotive Ltd (MNAL) is a joint venture between Mahindra & Mahindra and Navistar Inc. More
Courtesy : indiacar.net
Auto major, Mahindra and Mahindra (M&M) is likely to roll out its commercial vehicle Mahindra Navistar from the greenfield manufacturing facility at Chakan in Maharashtra soon, a top company official said here today.
“After Maxximo, Mahindra Navistar is likely to be rolled out from our facility at Chakan (spread across 650 acres), where all the expansion […]
Mahindra & Mahindra (M&M) is understood to be in discussions with Italian and British two-wheeler players to develop premium bikes for the Indian market. Top officials close to the development said Triumph and Moto Guzzi are some of the companies that M&M has held talks with.
M&M had recently moved into the two-wheeler space by acquiring […]