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
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
The company hopes to have 30 per cent green and sustainable vehicles in its fleet in the next 3 years or by FY23-24
Growth could have been steeper had the fleet segment not got hammered due to the pandemic-induced curbs on public transport
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"
Demand for the last-mile vehicle has collapsed amid restricted movement
Dispatches at India's top two car makers, Maruti Suzuki India and Hyundai Motor India, zipped past not only the pre-Covid phase but also the months preceding the pandemic
Volumes were dragged by medium & heavy commercial vehicles and three-wheelers. which fell 71 per cent and 94 per cent respectively
Mahindra's passenger vehicle segment that includes the utility vehicles and passenger cars was a saving grace and helped offset some decline in the overall auto sales
Encouraged by demand pick-up in the past few months, most are going ahead with their planned investments and models
The tie-up will leverage REE's electric vehicle corner module and platform technology of integrating powertrain, suspension and steering components in the arch of a vehicle wheel
Auto majors focus on finance schemes, enhanced digital experience instead
Analysts say carmaker has to get the pricing right to snatch back volumes in the sport utility vehicle segment
Thar offer a 6-speed torque converter automatic transmission or a 6-speed manual transmission mated to "an authentic manual shift-on-the-fly 4x4 transfer case"
The global CEOs include Ajay Banga (Mastercard), Alan Murray (Fortune Media), Dan Hendrix (Interface), Dylan Taylor (Voyager Space Holdings), Emmanuel Faber (Danone) and Feike Sijbesma (DSM)
Maruti and Hero strengthen pole position in pandemic-hit market
"Life has led us full circle," said Mahindra, alluding to 2002
In Q1FY21, M&M sold 27,565 vehicles, a 78 per cent YoY drop from 1.23 lakh sold in Q1FY20
'We will fail faster, if we have to,' says chairman Anand Mahindra as international revenues for most group business ventures grow or dwindle
M&M is seeing good on-ground momentum in its key business of tractors as well as for products like Bolero and Scorpio. The company is seeing huge upside in rural economy due to the many enablers