Page 32 - Mahindra & Mahindra

Bank of Baroda inks pact with Mahindra & Mahindra for tractor finance biz

The lender, through its over 5,000 rural and semi-urban branch network, will provide tractor loan facility to customers of Mahindra and Mahindra

Mahindra & Mahindra rolls out BS-VI trims of Alfa three-wheeler

Mahindra & Mahindra (M&M) on Monday said it has launched BS-VI compliant variants of its three-wheeler brand Alfa, priced up to Rs 2.67 lakh (ex-showroom Mumbai). The three-wheeler brand comes with four trims to cater to both passenger and cargo segments. The price of cargo variants starts from Rs 2.59 lakh while that of the passenger trims begin from Rs 2.67 lakh. There has been some delay in launching BS-VI range of three-wheelers, given the supply chain disruptions due to COVID-19, M&M CEO Automotive Division Veejay Nakra said in a statement. With all of that behind us and the onset of the festive season, we see good demand in both load and passenger segments and we are gearing up our production accordingly to meet this demand. With these launches we are confident to regain our spot among the top three players in the three-wheeler segment," he added.

Car makers pull all stops to beat the pandemic blues ahead of festivals

The benefits range from cash discounts, attractive EMIs to Covid-19 cover

Car makers drive in top-of-the-line models in defiance of slowdown

Buyers have been lapping up new model launches, show booking and sales trends

Skoda drives into pre-owned car market as demand for owned vehicles soars

The used car market in India has been growing at more than 1.5 times that of new cars

Harley fails, Hyundai triumphs: India's auto market is unlike any other

The problems: taxation system favours smaller cars, expat CEOs don't always understand business landscape

M&M shares gain 4% as bookings for All-New Thar SUV cross 9,000 mark

Motilal Oswal Securities believes the new 'Thar' has the capability to lure fan base customers.

Mahindra commences bookings for the new Thar priced between Rs 9.8-13 lakh

The new generation Thar is available in 2-litre petrol and 2.2-litre diesel variants and deliveries will start from November 1

India first, tie-ups, long-term strategy will boost mfg sector: Mahindra MD

Pawan Goenka Calls for plug-and-play infrastructure of the kind that Vietnam has for large-scale manufacturing

Mahindra's Farm Equipment Sector rolls out Krish-e centres in Maharashtra

M&M's Farm Equipment Sector (FES), a part of the USD 19.4 billion Mahindra Group, on Friday said it has rolled out Krish-e centres in Maharashtra under its new 'Farming as a Service' business.

In pics: Mahindra unveils all-new Thar, price starts at Rs 9.8 lakh

Mahindra & Mahindra launched the all-new version of its sports utility vehicle Thar, price between Rs 9.8 lakh and Rs 13.75 lakh (ex-showroom)

Auto companies show signs of recovery, increase dispatches by 13%

Tractor sales also increased with largest tractor seller Mahindra & Mahindra selling 18 per cent more farm equipment indicating that a good monsoon was driving the rural economy

M&M raises Rs 1.11 crore by auctioning new Thar for Covid-19 relief work

Domestic auto major Mahindra & Mahindra Ltd on Wednesday said it has raised Rs 1.11 crore from online auctioning of the first unit of all-new version of SUV Thar, which is set to be launched on October 2. Mahindra has matched the amount raised at the auction and the total proceeds of Rs 2.22 crores will be donated towards coronavirus pandemic relief work, a release said. The idea of the auction was to harness Thar's iconic status to galvanise the country during this trying time and aid its fight against COVID-19 pandemic, it said. The online auction, which lasted for six days, witnessed almost 5,500 registrations from nearly 550 locations across the country. The auction reserve price was set at Rs 25 lakh, and the winning bid was placed at Rs 1.11 crore, M&M Ltd in the release. The winner has chosen Swades Foundation to receive the entire proceeds from the auction and support COVID-19 relief work, it added. "It is heartening to see the interest and generosity that this auction

Mahindra's latest drive, Thar, enters small segment of city off-roaders

Mahindra's move was overdue given that the city SUV segment has been aggressively targeted by competition

Ujjivan SFB makes foray into small CV financing for tier II, III cities

Ujjivan SFB said as part of the ''Raftaar Loans'' product mix, the customised offerings will be available across southern and eastern regions: Karnataka, Tamil Nadu, and West Bengal

Auto stocks rally; M&M surges 5%, TVS Motor, Bajaj Auto gain 3%

The last four months of 2020 include various auspicious occasions such as Navratri, Dussehra, Diwali, etc, hence, consumer's discretionary purchases rise in such months

Mahindra & Mahindra terminates share purchase pact with CLP India

M&M had announced that its wholly-owned arm Mahindra Renewables would sell its entire stake in three subsidiaries to CLP India, a part of Hong Kong-based CLP Group

Amid Covid-19, Mahindra Logistics plans third-party foray with Alyte

The company hopes to have 30 per cent green and sustainable vehicles in its fleet in the next 3 years or by FY23-24

From Mahindra to Tata Motors, automakers charge ahead with EV plans

Growth could have been steeper had the fleet segment not got hammered due to the pandemic-induced curbs on public transport

Indian auto, components sector shouldn't de-link from imports: Pawan Goenka

Interdependence will play an important role in global and domestic economies, he said adding "we should avoid any knee jerk reaction or ask for bans of imports or any such acts"