mahindra

Hyundai India IPO: Hyundai under pressure from Tata, Mahindra as $3.5 billion India IPO looms

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Hyundai India IPO: Hyundai under pressure from Tata, Mahindra as .5 billion India IPO looms

Tata Motors Ltd. and Mahindra & Mahindra Ltd. are closing in on Hyundai Motor Co.’s No. 2 position in India, putting pressure on the South Korean automaker just as it prepares for a record $3.5 billion listing of its local unit. While Hyundai has long wrestled with Tata Motors for the second spot, Mahindra — … Read more

Mahindra: Indian carmakers post SUV-led June sales growth amid heat waves

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Mahindra: Indian carmakers post SUV-led June sales growth amid heat waves

BENGALURU: Carmakers Mahindra & Mahindra and the Indian units of Toyota Motor Corp and Kia Motor reported higher car sales in June, boosted by demand for sports utility vehicles (SUV) even as heat waves weighed on purchase decisions. Each month, automobile makers in India release wholesale numbers, or vehicle sales, to dealers. The sales numbers … Read more

Mahindra Group to focus on delivering scale over next decade: MD & CEO Anish Shah

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Mahindra Group to focus on delivering scale over next decade: MD & CEO Anish Shah

New Delhi: Farm equipment to aerostructure conglomerate Mahindra Group will focus on delivering scale with its businesses that it ‘believes’ will cover 70 per cent of India’s growth over the next decade, according to its Managing Director and CEO Anish Shah. The group, which has completed exits from 15 companies in a variety of areas … Read more

maruti breeza tata nexon: Mahindra 3XO is impressive, but..: Car expert reveals why it will be difficult for M&M to shake the Maruti, Tata dominance

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maruti breeza tata nexon: Mahindra 3XO is impressive, but..: Car expert reveals why it will be difficult for M&M to shake the Maruti, Tata dominance

Auto market expert Hormazd Sorabjee highlights that while Mahindra’s newly launched 3XO has captured customer interest with its features and pricing, the company needs to focus on two factors if they wish to become market leader or beat Tata and Maruti. Hormzad said that the car maker must focus on improving service and reliability to … Read more

Maruti Brezza | Mahindra 3XO | Tata nexon: Will Mahindra 3XO manage to beat Maruti Brezza and Tata Nexon? Hormazd Sorabjee answers

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Maruti Brezza | Mahindra 3XO | Tata nexon: Will Mahindra 3XO manage to beat Maruti Brezza and Tata Nexon? Hormazd Sorabjee answers

Hormazd Sorabjee, Editor, Autocar India, says Nexon is the mainstay of the Tata range. It is their number one seller and Tata Motors will do a lot to guard its stuff. So, I am sure we will see a lot of action in terms of, might even be pricing going forward. The Maruti offering s … Read more

M&M is wheeling big money into business. What is the plan?

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M&M is wheeling big money into business. What is the plan?

India’s fourth-largest auto company, M&M, is shifting into a higher gear and pressing down on accelerator. It plans to fuel its business growth with an ambitious capital infusion plan. It will inject Rs 37,000 crore into its business, across different segments, over the next three years. A bigger part of this money will go into … Read more

Q4 results this week: Zomato, Airtel, M&M among 501 companies set to announce Q4 earnings this week

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Q4 results this week: Zomato, Airtel, M&M among 501 companies set to announce Q4 earnings this week

The fourth quarter results season is coming to a fag-end, and analysts said despite earnings largely meeting expectations, there is a noticeable moderation in the overall earnings landscape. Some notable companies that will announce their earnings this week include Varun Beverages, Zomato, Airtel, Siemens, Power Finance Corp, Mahindra and Mahindra, HAL, and JSW Steel, among … Read more

Mahindra, Tata Motors receive record patent approvals in FY24

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Mahindra, Tata Motors receive record patent approvals in FY24

Domestic automobile majors Mahindra & Mahindra and Tata Motors have received a record number of patent approvals for a wide spectrum of product and process innovations in the last financial year. Mahindra & Mahindra (M&M) received 674 approvals, its best-ever annual performance, while Tata Motors also witnessed the grant of 333 patents during the 2023-24 … Read more

Mahindra & Mahindra: Mahindra sales up 13% in April at 70,471 units

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Mahindra & Mahindra: Mahindra sales up 13% in April at 70,471 units

Mahindra & Mahindra on Thursday said its total wholesales increased 13 per cent year-on-year to 70,471 units in April as compared to the same month last year. The company’s total dispatches to its dealers stood at 62,294 units in April 2023. The Mumbai-based auto major’s passenger vehicle sales in the domestic market rose 18 per … Read more