Mahindra & Mahindra and Reva are manufacturing new technologies for the Indian auto manufacturer's different vehicles. From the sources it was revealed that, Mahindra Reva Electric Vehicles (MERV), the largest electric car manufacturers are working to develop varied techniques for Mahindra & Mahindra's other vehicles such as the SUV Scorpio, the flagship model of the company, two wheelers ..
Mahindra & Mahindra India are yet again venturing in the SUV segment with their off road vehicle, Mahindra Thar. The vehicle will be a revamped version of the Commander Jeep which was phased out from the Indian roads in early 2000. As per the officials from the company, it is expected that the Indian auto maker will price the SUV revised version at around 7 lacs and if the grapevines are ..
For the quarter that ended on September 30, Mahindra & Mahindra registered a jump of 7.90 per cent in its net profit at Rs 758.49. The auto major had registered a net profit of Rs 702.94 crore in the same period earlier year, said Mahindra & Mahindra in one of its statements. ..
Mahindra Logan is one of the most successful models of the company although the product’s image is a little skeptic in the auto market of India. The model is sold as Renault Dacia in Europe. Recently, the product reached a significant milestone when the production facility of Romania introduced the one-millionth unit. ..
Mahindra & Mahindra, one of the leading tractor brands of the world and the renowned auto major of India is now in the final stage of signing its deal for the acquisition of Ssangyong Motor Company, the South Korean sports utility vehicle maker. ..
The Indian auto market has been anticipating Mahindra’s brand new SUV. However it is no where to be seen. It is being reported that Mahindra is developing an SUV that not only does well in the Indian market but matches to International standards as well to appeal to overseas users. ..
Mahindra & Mahindra Ltd stated on Wednesday that the talks over the final agreement on taking over the debt ridden Ssangyong will start in the end of this year in December. Mahindra & Mahindra (India) will start talks over price by December to buy Ssangyong, the South Korean Company. Ssangyong started in 1954, were into commercial and automobile vehicles. ..
Mahindra & Mahindra's (India) will begin the final discussion on undertaking the non profit South Korean Carmaker Ssangyong Motor in this week. Mahindra a 6.7 billion US Dollar company having a presence in the leading sectors and making public utility vechiles since 1945 was chosen to bid for the Ssangyong, the SUV manufacturer. ..
Mahindra & Mahindra stated that the due diligence on Ssangyong Motor Company, the South Korean SUV maker, is now almost over and the formalities for drafting an agreement will begin by the end of this month. ..
Ten years back in India, Mahindra Bolero was introduced and the model has continued to maintain its dominance in its relevant segment. In the last 10 years, Mahindra Bolero has been successful in outperforming every single SUV in the Indian market. The model continues to have twenty nine percent share in its segment. The model comes at Rs. 5.07 lakh (ex-showroom, Delhi). ..