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Mahindra & Mahindra News
Mahindra & Mahindra
How Tata Motors winning the 10,000 electric cars govt order gives it an edge in EV market
Fri, Oct 06, 2017
Tata Motors won the bid by quoting the lowest price of Rs 11.2 lakh each, inclusive of the GST and a five-year warranty.
Mahindra car sales surge to 23% in September as Scorpio records highest ever monthly sales
Tue, Oct 03, 2017
The company's total domestic sales stood at 50,456 units during September 2017, as against 42,545 units sold in the same month last year, a 19% growth.
Tata Motors edges out Nissan, M&M to supply 10,000 electric cars
Fri, Sep 29, 2017
Tata Motor was selected for supplying the 10,000 electric cars through an international competitive bidding aimed at increased participation. Nissan and M&M too participated for the tender.
Here's why automobile firms like Mahindra, Ford forge alliances despite several failures
Wed, Sep 20, 2017
Mahindra & Mahindra tied up with Ford Motor to look at a strategic alliance that will help both companies in the Indian as well as global markets
Mahindra, Ford to explore strategic tie-up in India, emerging markets for 3 years
Mon, Sep 18, 2017
Teams from both companies will collaborate and work together for a period of up to three years. Any further strategic cooperation between the two companies will be decided at the end of that period.
Car makers may hike prices soon with rise in GST cess from today
Mon, Sep 11, 2017
The GST Council's decision on increasing the cess on mid-size, large cars and SUVs will be implemented today as announced by CBEC.
Competition in electric vehicle segment moves into high gear with top car makers entrance
Wed, Sep 06, 2017
Car makers in India such as Maruti Suzuki, Hyundai and Tata Motors are gearing up with plans to launch their own electric vehicles.
Car manufacturers post mixed sales in August; CV sales make big recovery
Fri, Sep 01, 2017
Top car makers such as Maruti Suzuki, Hyundai, Tata Motors and Mahindra posted a growth in sales during August, however Ford India and Toyota Kirloskar Motors posted a decline in sales.
GST to weaken automobile sectors Q2 earnings
Wed, Aug 30, 2017
From destocking at dealerships to increase in discounts, these are some of the factors due to GST which will impact the automobile sectors Q2 results.
Tata Motors to apply the same electric car strategy as Mahindra to spark up Nano sales
Mon, Aug 28, 2017
Tata Motors will now convert Tata Nano into an electric vehicle after sales of the car have plummeted in recent years.
Here's why Mahindra will be impacted the most with hike in GST cess
Fri, Aug 25, 2017
Mahindra's higher exposure to the SUV segment makes it especially vunerable to the impact of the hike in the GST cess expected soon.
Stocks that Morgan Stanley thinks may cross $10 billion market cap in the next three years
Mon, Aug 14, 2017
On the back of double-digit and two-year forward earnings growth, there are 14 "mega stocks" dominated by private sector financials and consumer discretionary, which will outperform the markets in coming three years, a Morgan Stanley report said.
Mahindra's two new models coming by next fiscal-end
Mon, Jul 17, 2017
"We have two products coming in the next two years. One is the U321 (code name) multi-purpose vehicle (MPV) which has been developed on the new global platform developed here in Detroit. It will come out this financial year," M&M Managing Director Pawan Goenka told PTI.
LIC sells 2% stake in Mahindra & Mahindra
Sun, Jul 16, 2017
The Mahindra & Mahindra on Saturday said the Life Insurance Corporation of India (LIC) has brought down its stake to less than 10 per cent in the company by divesting around two per cent of its holding in the firm.
Mahindra, Eicher Motors, Escorts shares beat index since IMD's monsoon forecast
Thu, Jun 08, 2017
Since IMD made its prediction mid April the shares of tractor manufacturers has see an growth which is higher than the stock market indices.
Mahindra posts 3% rise in car sales in May; good double-digit growth in CV sales
Thu, Jun 01, 2017
Mahindra's total domestic sales in May saw a large 11% growth which was mainly on the back of a good growth in light commercial vehicle sales.
Macro data, last leg of quarterly numbers to dictate market this week: Experts
Sun, May 28, 2017
Trading sentiment in the stock market this week would be determined by announcement of macroeconomic data, progress of good monsoon and last leg of quarterly numbers from blue chips like Coal India, L&T and NTPC, say experts.
Automobile companies see mixed results in Q4 on BS-III impact
Mon, May 22, 2017
While passenger car companies post positive post growing in profits in Q4, two-wheelers see headwinds that resulted in poor results.
Tractor makers' shares rise as SC exempts them from BS-IV norms
Mon, May 08, 2017
The Supreme Court (SC) has passed the order that tractor manufacturers will be exempt from the Bharat Stage-IV (BS-IV) emission norms.
Green Car Plan: Niti Aayog recommends lowering taxes, interest rates for loans on electric vehicles
Sun, May 07, 2017
Indian government's think tank Niti Aayog has recommended lowering taxes and interest rates for loans on electric vehicles, while capping sales of conventional cars, signalling a dramatic shift in policy in one of the world`s fastest growing auto markets.