Mahindra working on hybrids and electrics for Indian market
Mahindra & Mahindra has said that they are working on several next generation products for the Indian market.
These include hybrids and electric cars which would be more environment friendly.
M&M, Head-Design, B Bhaumik said in a statement: “We have to develop technologies for hybrid and [...]
Mahindra & Mahindra to sell stake in Swaraj Mazda
Market sources claim that Mahindra & Mahindra is considering selling its stake in the commercial vehicle maker Swaraj Mazda.
Mahindra is said to be in talks with Japan’s Sumitomo Corporation for this deal.
They own a 14.04 per cent stake in Swaraj Mazda. They gained this stake [...]
Mahindra & Mahindra denies interest in Volvo
Mahindra & Mahindra has said that they are not bidding for Volvo as rumored in the media.
The Indian automaker said in a statement: “We would like to categorically state that we are not bidding for Volvo and that these reports are purely speculative in nature.”
reports in the media [...]
Mahindra & Mahindra said to be interested in Volvo
Mahindra & Mahindra is said to be interested in bidding for the Volvo Car Corp which is a unit of Ford.
Media reports claim: “Mahindras are discussing with private-equity players including Cerberus Capital and Texas Pacific Group to place a joint bid.”
Volvo Group had sold the [...]
Car prices in India to go down as government reduces CENVAT by four per cent
The Indian government has reduced the CENVAT by four per cent.
This would enable the automakers in the country to reduce the prices of their models.
Maruti, Tata Motors, GM India and Mahindra & Mahindra have already announced that they would [...]
Mahindra Xylo MUV announced
Indian automaker Mahindra & Mahindra has announced their latest MUV model Xylo.
Xylo happens to be the most important product from the company after they launched Scorpio few years ago.
Xylo would be positioned between their existing models Bolero and Scorpio.
It is likely to be priced around Rs. 6-7 lakhs. This would make it [...]
Mahindra & Mahindra brings micro-hybrid technology to Scorpio and Bolero
Indian automaker Mahindra has announced the new variants of Scorpio and Bolero which comes equipped with micro-hybrid technology.
These models are priced between Rs 6.5 lakh and Rs 6.97 lakh.
Mahindra has developed this technology in collaboration with Bosch. These new variants offer an average fuel saving of [...]
Mahindra Ingenio SUV coming before the end of the year
Mahindra & Mahindra has said that they aim to launch their brand new SUV model Ingenio by the end of the year.
This new model is being produced at their existing plant in Nashik.
Ingenio is not the final name as they have still to decided on [...]
Mahindra Renault to export more cars to South Africa
Mahindra Renault might not be finding much demand for their Logan model here in India. But they are getting orders for it from the international market.
The company said that they have received fresh orders for Logan Petrol edition from South Africa.
With this, the total orders [...]
Mahindra New Collection Logan edition launched
Indian automaker Mahindra sells the Logan sedan in the Indian market in collaboration with Renault.
However, the company has so far failed to impress the Indian customers with the models available in the market.
Mahindra has now launched new variants under the brand name “New Collection Logan”.
The company is now offering [...]
