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Mahindra & Mahindra (M&M)

Mahindra XUV300 advance booking starts in Pune, Mumbai; here is how much you need to pay

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

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

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.

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Mahindra drives in premium SUV Alturas G4; prices start at Rs 26.95 lakh

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

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

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

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

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%

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

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

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

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

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

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

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

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

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

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

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

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."

Car exports from India struggle to rise in July

Car exports from India struggle to rise in July

Tue, Aug 02, 2016

While domestic sales have been positive for most of the automobile companies in India, exports continue to be very poor.

Indian automobile producers post healthy sales for July

Indian automobile producers post healthy sales for July

Mon, Aug 01, 2016

Indian automobile manufacturers saw higher sales in July with industry experts attributing the acceleration in demand to good monsoon and positive consumer sentiments.

Mahindra Tractor sales up by 14%; hopes for better monsoon

Mahindra Tractor sales up by 14%; hopes for better monsoon

Mon, Aug 01, 2016

While talking on performance, Rajesh Jejurikar, President and Chief Executive of Mahindra & Mahindra also said, With normal rainfall and its improved spread across India in the month of July, Kharif sowing has been more than last year. We hope for an improved agricultural output and tractor demand in the future.”

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