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Mahindra & Mahindra (M&M) News
Mahindra & Mahindra (M&M)
Mahindra XUV300 advance booking starts in Pune, Mumbai; here is how much you need to pay
Mon, Dec 24, 2018
The best part is you can book your Mahindra XUV300 in advance by just paying just Rs 11,000 in other states and in Mumbai, the booking amount is Rs 10,000. The good part is that this booking amount will be returned to the customers.
Mahindra XUV300 launch in February: Check price and specifications
Thu, Dec 20, 2018
Mahindra & Mahindra is all set to launch its new compact SUV named XUV300 in February, 2019. The sub 4-meter SUV is built on the X-100 platform will be launched in both petrol and diesel variants by mid-February, 2019.
Mahindra to launch new compact SUV XUV300 in February
Wed, Dec 19, 2018
Auto major Mahindra & Mahindra Wednesday said its upcoming compact SUV named XUV300 will be launched in February next year. Built on the X-100 platform, which has produced SsnagYong Tivoli, the sub 4-meter SUV will be launched in both the petrol and diesel variants by mid-February next year.
Mahindra drives in premium SUV Alturas G4; prices start at Rs 26.95 lakh
Sun, Nov 25, 2018
"The launch of the Alturas G4 is a significant moment in the automotive journey of Mahindra which will take the brand to the next level," M&M Managing Director Pawan Goenka told reporters here.
After Rs 600 cr spend, Mahindra forced to rethink 21 vehicle Furio platform
Tue, Nov 06, 2018
Mahindra & Mahindra (M&M) is rethinking launching six products under Furio platform in the Bharat Stage IV regime after the Supreme Court banned the sale of vehicles under the emission norms after April 1, 2020.
BS-VI regime: Mahindra & Mahindra may not launch six products under Furio platform
Mon, Nov 05, 2018
Furio, a platform of 21 products, was introduced by M&M in July this year for its new range of Intermediate Commercial Vehicles (ICVs). Designed by its Italy-based subsidiary Pininfarina, Furio has been developed with an investment of Rs 600 crore. The company had then announced its plans to launch six trucks in the current fiscal while the rest will come straight in the BS-VI era.
Mahindra sales up 14 pc at 58,416 units in October
Thu, Nov 01, 2018
Utility vehicles major Mahindra & Mahindra (M&M) Thursday reported 14 per cent increase in its total sales at 58,416 units in October.
Mahindra sales up 14% at 48,324 units in August
Sat, Sep 01, 2018
Exports also increased 14 per cent at 2,951 units in August against 2,592 units in the same month last year.
M&M's November sales decline 22%
Thu, Dec 01, 2016
Pravin Shah, President & Cheif Executive (Automotive), M&M said, “While we expected an improved auto industry performance on the back of the festive season and other positive parameters such as rural demand and interest rates softening, the sudden announcement of demonetisation has brought in an immediate disruption and uncertainty.”
Good rainfall, new variant launches boost auto sales in September
Tue, Oct 04, 2016
Indian automobiles sector saw an increase in demand for passenger vehicles (PV) and two-wheelers in September which exceeded market expectations due to higher new variant launches and a good monsoon.
M&M shares edge up as tractor sales nearly double in September
Mon, Oct 03, 2016
Mahindra & Mahindra Ltd’s Farm Equipment Sector on Saturday announced that the company’s tractor sales were up to 30,562 units in September as against 18,087 during the same period last year.
Mahindra recalls next gen Scorpio, NuvoSport to inspect fluid hose
Wed, Sep 21, 2016
It said in statement,"The inspection and subsequent rectification will be carried out free of cost for all new generation Scorpio and NuvoSport customer, who will be individually contacted by the company."
India Ratings assigns M&M's non-convertible debenture with 'AAA' ratings
Mon, Sep 19, 2016
It said in a statement,”India Ratings has assigned M&M's proposed Rs 475 crore non-convertible debenture (NCD) programme a 'Provisional IND AAA' ratings with stable outlook.”
M&M launches Bolero Power+ at Rs 6.59 lakh
Mon, Sep 12, 2016
Mahindra & Mahindra launched a new Bolero with mHawk D70 engine priced at Rs 6.59 lakh (ex-showroom Mumbai) for the SLE BS4 variant, excluding octroi and other levies. The SUV's engine will deliver 13% more power and 5% more mileage over the existing Bolero, the company added.
Automakers tap Ola, Uber to push sales
Sat, Sep 10, 2016
In May, Toyota laid out plans to invest in Uber to create flexible vehicle leasing terms.
These 6 companies garner over Rs 19,000 crore via NCDs in FY17
Wed, Sep 07, 2016
A total of six companies have garnered Rs 19,116.43 crore in the first five months of this fiscal year from the issue of Non-convertible Debentures (NCDs). All companies that issued NCDs in this period have reported a profit.
Mahindra's auto, tractor sales robust in August
Thu, Sep 01, 2016
Pravin Shah, President & Chief Executive of M&M said, " Coupled with this, the uncertainty surrounding diesel vehicles has been lifted by the honourable supreme court giving the customer the choice to buy his preferred vehicle which will help sentiments going forward."
Automobile companies continue sales growth momentum in August
Thu, Sep 01, 2016
Nearly all the automobile companies that announced their sales figured on Thursday, September 1, registered higher sales volume in the month of August in the domestic market, with the exception of Ashok Leyland, which saw a loss of 6% in August.
M&M's commercial vehicle owners to get DigiSense app
Fri, Aug 26, 2016
According to M&M, the smartphone app, will "enable new form of communication between the customer and Mahindra vehicles."
Mahindra & Mahindra reports 12% rise in net profit; shares down
Wed, Aug 10, 2016
M&M said on exchange that, "led by the positive outlook on consumer demand as well as renewed reform efforts by the government in recent months, business confidence is now ticking up and could lead to recovery in private capital expenditures towards the last quarter of this fiscal."