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Home > Mahindra & Mahindra
Mahindra & Mahindra
During the quarter, the company sold a total of 1,10,824 vehicles as against 1,41,163 units in the corresponding period last fiscal, down 21 per cent.
M&M Q2 profit down 78 per cent at Rs 368 crore
08 Nov 2019 3:24 PM

The company had posted a PAT of Rs 1,708.92 crore for the same quarter last fiscal.

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.

In the commercial vehicle segment, the company sold 23,582 units as against 24,353 units in the same month a year ago.
Mahindra total sales down 11 pc at 51,896 units in October
01 Nov 2019 4:42 PM

The company had sold 58,416 units in the corresponding month last year, M&M said in a regulatory filing.

As per the study by the global consumer insights and advisory services provider when it comes to sales satisfaction Hyundai ranked the highest followed by Mahindra & Mahindra and Toyota.
Indian car buyers becoming less price conscious: JD Power
31 Oct 2019 3:25 PM

As per the JD Power report, Indian car buyers are putting more emphasis on vehicle styling.

Mahindra & Mahindra, India’s biggest utility vehicles maker, has opened country’s first all-women-run automobile service workshop in Jaipur to promote recruitment of women in core productive roles across the company’s automobile workshops.
Mahindra opens all-women workshop
23 Oct 2019 4:47 AM

Run by a team of nine women, the facility, called Compact Qwik (CQ) outlet, is a Mahindra authorised two-bay workshop.

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.

(Photo: File)
Ford forms joint venture with Mahindra for India business
01 Oct 2019 6:05 PM

The two companies have for months been negotiating the deal, which will see Ford hold a 49 per cent stake in the new entity.

Under the deal Ford will transfer most of its automotive assets and employees in India to the new company, but the carmaker will retain an engine plant in Sanand in the western state of Gujarat, according to the two sources.
Ford to end independent operations in India, Mahindra to lead the JV: Sources
26 Sep 2019 3:13 PM

The two companies have for months been structuring the deal to create a new entity in which Ford will hold a 49 per cent stake.

MSI executive director (marketing and sales) Shashank Srivastava said that while cars and vans (A and C segment) have performed well, there has been a drop in sales of utility vehicles (B segment).
Maruti Suzuki's PV mkt share shrinks in April-Aug; Hyundai, Mahindra gain
15 Sep 2019 2:09 PM

Maruti Suzuki sold 5,55,064 units this fiscal as compared with 7,57,289 units during April-August previous year.

The Mumbai-based auto major is offering a range of models such as KUV100, XUV500, XUV300, Scorpio, TUV300, Marazzo and Alturas G4 for a period of one to four years in case of a new car.
Mahindra & Mahindra offers SUVs on subscription
13 Sep 2019 2:04 AM

To reduce costly inventory, they have been enticing buyers with lucrative discounts and benefits going up to Rs 4-5 lakh.

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