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In a statement, Mahindra and Mahindra said Pawan Kumar Goenka has been re-appointed the managing director with additional responsibilities of chief executive officer (CEO) for a year, effective 1 April, 2020.
Mahindra announces succession plan, Anand Mahindra to become non-exec chairman
20 Dec 2019 3:26 PM

Anish Shah will transition to become Managing Director and CEO on April 2, 2021, replacing Goenka, who will retire after his term ends.

The Mach E has become within Ford a high-profile test for a restructuring that has been marred by profit warnings.
Ford bets on an electric Mustang to charge its turnaround
18 Nov 2019 1:18 PM

Ford could slash USD 20 billion out of a five-year, 2018-2023 product plan.

India’s auto sector has gone into a tailspin this year as tight liquidity at shadow banks, high taxes and a weak rural economy have sapped consumers’ buying power.
Suzuki rethinks promise of India's auto market, and it is not alone
08 Nov 2019 2:03 PM

We no longer think that growth in India will be an uninterrupted move upwards, Suzuki President Toshihiro Suzuki cautioned.

The Mahindra-Ford joint venture will be operational by mid-2020.
Ford to launch Kia Sletos, MG Hector rivals & an MPV with Mahindra JV
02 Oct 2019 8:58 AM

The joint venture between Ford India and Mahindra will result in new models for India and other emerging markets.

Mahindra & Mahindra
Mahindra & Mahindra to take control of Ford biz
02 Oct 2019 1:46 AM

The two auto majors have for months been negotiating the deal, which will see Mahindra hold 51 per cent stake and Ford own 49 per cent.

Market leader Maruti Suzuki India's production during the period stood at 5,32,979 units, down 18.06 per cent from the comparable period last fiscal. (Representational image)
Passenger vehicle output down 13.18 pc in Apr-Jul as major cos cut production
15 Aug 2019 1:07 PM

PV production in the April-July period stood at 12,13,281 units as against 13,97,404 units in same period last fiscal.

2019 EcoSport line-up showcases Ford India's continuous efforts to increase localisation, resulting in greater value being passed on to customers across the variants, the company said.
Ford India introduces 2019 EcoSport line-up, slashes prices
05 Jun 2019 1:59 PM

The new line-up of EcoSport would be cheaper than last year's in the range of Rs 8,300 to Rs 57,400.

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