French auto major Renault on Wednesday said it was not going to end tie-up with Mahindra & Mahindra over their joint venture that sells Logan, stressing that the car will continue to ply on the Indian roads. The company said that it will announce details of reworked pact with M&M by April.
Mahindra and Mahindra, the maker of tractors and utility vehicles, whose foray into the car market in a joint venture with Renault has been marred by public spats over management control, has started calling back some of its top executives in the JV, a clear indication that the agreement with the French company could be nearing an end.
Mahindra’s traditional jeep got lost somewhere in the crowd of new car models. But a classic is always an exemplary possessing a great value. In order to get its charm back, Mahindra is offering its traditional jeep ‘Mahindra Classic’ with a Souvenir Concept.
Mahindra and Mahindra is set to roll out a new Sports Utility Vehicle (SUV) in India. This upcoming SUV will be exported to other global markets as well.
The Mahindra-Renault joint venture announced that it will bring in a new variant of its Logan sedan at the upcoming Auto Expo in New Delhi.
The new variant will be called the Logan Tourer, the company said in a statement.
If you want to add fun and adventure to your journey then the Bolero Inspira Concept is a perfect car. The car is an open top off-road concept based on the Mahindra Invader Platform. At a first look, Bolero Inspira may appear similar to open top off-road Willy’s Jeep models, but a closer look will reveal that it is completely a different vehicle.
Mahindra and Mahindra Ltd isn’t interested in a plant run by Fiat SpA in southern Italy, a spokesman for the Indian vehicle maker said Thursday, following reported comments made by Italy’s economic development minister on a visit to India.
“We are not interested in that plant,” the spokesman told MF-Dow Jones by phone from India.
Mahindra & Mahindra has launched India's first compact truck Gio on Wednesday.
The Mahindra Gio is a category creator as it is the first Compact Truck in 0.5 ton category in India. The compact truck comes loaded with many features.
A year after Mahindra & Mahindra pulled out of its joint venture with global majors Renault and Nissan to produce cars at Oragadam, the Indian Sport Utility Vehicle (SUV) major is all set to re-enter Tamil Nadu by driving further south to set up a car plant in Cheyyar, about 100km from Chennai, in Tiruvannamalai district.
Indian automobile major Mahindra and Mahindra Ltd. and global defence security and aerospace company BAE Systems have signed an agreement to create a military vehicles-focused joint venture based in India at an investment of $21.25 million.
Renault announced that it will offer a full range of products in India and is constantly working towards getting the right product line up, even as it tries to sort out differences with partners in the country.
Renault-Nissan alliance on Tuesday finalized an agreement with Bajaj Auto to produce an ultra low cost car by 2012. But Bajaj was denied a place in the badging of the car.
Renault–Nissan boss Carlos Ghosn said on Sunday that the company was committed to develop a budget car in partnership with Bajaj Auto in spite of some differences and difficulties on the project.
A senior official of Mahindra & Mahindra said on Thursday that it is difficult for India's largest utility vehicles maker to raise prices, despite rising input costs.
Carlos Ghosn, Renault-Nissan's big boss admitted his partnerships in India are not going well. But also said that the freeze on Renault's investments in India is over now that the global automobile market has stabilised.
Mahindra & Mahindra introduces a special edition of Mahindra Maxx Maxi Truck in Tamil Nadu. The launch is aimed at delivering better appeal, performance, and efficiency in its own segment.
The special edition is a revamped version of the original Maxx Maxi with a spacious cabin, integrated MP3 player, revived instrument panel, updated fabric car seat, and attractive dashboard. All these features are mated with an increased level of comfort.
Mahindra Renault has been taken to the Delhi High Court by Hyundai Motor India. Hyundai has objected the Mahindra Renault’s plan to launch a compact car in the country with the name ‘Sandero’, claiming that the rival was trying to utilize the popularity of its much-admired brand Santro, with a similar sounding product.
Mahindra & Mahindra registers sales of 55,924 units in the fiscal 2008-2009 of its leading sports utility vehicle Bolero. This marks a significant milestone in the history of Mahindra as Bolero is the first car in the SUV segment that have crossed a mark of 50,000 units and that also for two consecutive years.
Mahindra & Mahindra along with two of its joint ventures, Mahindra-Renault and Mahindra International, estimates a turnover of Rs 10,000 Crore by 2011.
At present, Mahindra & Mahindra is making revenue from the passenger car segment. The company plans to launch a batch of commercial vehicles in the Indian car market and in future a bulk of revenue is expected to come from this segment.
Mahindra and Mahindra Ltd. (M&M), one among the largest automobile manufacturer of the country, signed a MoU with the State Bank of Travancore (SBT) for vehicle finance. As per the MoU, SBT will be a chosen financier for both commercial and passenger vehicles of Mahindra.
The Mahindra Xylo MPV is now available with anti-lock braking system. This option will be offered only on the top end E8 variant of the Xylo which is sold at a price of Rs 8,18,535 (ex-showroom Delhi). The ABS-equipped Xylo E8 vehicles will be available with all Mahindra dealerships by the end of June 2009.
Mahindra & Mahindra has reported a decline of 17.81% in total automotive sales in October.
According to the company sources, Mahindra recorded an overall sales figure of 20,282 units this October as compared to 24,679 units in the corresponding month last year
Mahindra Scorpio is manufactured in compliance with the US emission and safety norms. Now, Mahindra & Mahindra is waiting for a green signal from the homologation department in US. It has already started appointing dealers and establishing showrooms there.
Mahindra & Mahindra, a leading passenger car and commercial vehicle manufacturer, plans to introduce fuel-efficient cars to the Indian car market.
On this account, Head-Design, Mahindra & Mahindra, B Bhaumik said, “We have to develop technologies for hybrid and electric vehicles. In a couple of years, we will launch hybrid and electric vehicles.”
Mahindra and Mahindra has witnessed an overwhelming response for its multi-utility vehicle (MUV), the Xylo. The newly launched Xylo has bagged 15,000 orders in the last three months.
Mahindra & Mahindra is ramping up production of its recently launched MPV Xylo seeing the high demand of the car. Mahindra Xylo was launched in 2009 January and is targeted to high-end customers.
Mahindra & Mahindra finally launches the Xylo in the Indian car market. This new car is designed with detail and perfection to meet the discerning taste of Indian car buyers.
Mahindra & Mahindra launched its new car Xylo in South Africa. It is a versatile and spacious car that is expected to redefine road travel in South African market. The range of model introduced comprises - the luxury model 'E8' and the people mover 'E2'.
Mahindra isn’t new to the Australian market but there wouldn’t be very many Australians who would recall the name. The first visit was back in 1990 and the product was basically a rebadged Willys Jeep.
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