Latest Updates Around The World
Mumbai: Mahindra Group on Thursday said it would invest Rs 15,000 crore in Nagpur, Maharashtra over the next decade to build its first integrated car and tractor factory in the country.Mahindra currently operates six factories for car manufacturing and another nine for tractors and agricultural machinery in various states.The new factory is expected to open […]
Mumbai: Mahindra & Mahindra (M&M) will finalize the site for the proposed greenfield manufacturing plant within the next six months, a top company executive told ET. The move comes amid plans to expand UV capacity to cross the one million unit mark in FY26-27.“We have to close this down for the next six months,” said […]
Johannesburg: Half of the cars sold in South Africa by 2025 will have connections to India – they are manufactured by companies such as Mahindra and Tata, or the parts are made in India, according to a report by market research firm Lightstone.Sales figures over the past year show that Mahindra has played a leading […]
A fundamental feature of India’s CAFE standards is that carbon emissions (and fuel consumption) targets are set based on vehicle weight, with heavier vehicles such as SUVs allowing higher maximum emissions per km (i.e. a more lenient target) compared to those for smaller vehicles. | Photo credit: KRISHNAN VV Fossil fuels are currently the basis […]
SUV giant Mahindra on Wednesday announced that it has sold a whopping 30,000 electric vehicles (EVs) SUVs in just seven months, accounting for one sold every ten minutes. With an ambition to lead the Indian EV market, Mahindra launched the XEV 9e and BE 6 last November. Kicking off its two-day event to celebrate the […]
Mahindra Group on Thursday clarified that there is no plan to demerge the company’s auto and tractor businesses after media reports suggested otherwise. In view of the speculation, the company considers it necessary to make it clear to the stock exchanges that there is no plan to split the car and tractor activities, the car […]
Mumbai: The battle for number 2 place in the Passenger Vehicle Passenger Vehicle Market has taken a turn. Tata Motors, powered by an increase in SUV and the sale of electric vehicles, has overtaken Hyundai Motor India and Mahindra & Mahindra in September registrations, while also broadening his lead over JSW MG engine in the […]
Shares of car manufacturers Tata Motors and Mahindra & Mahindra came under pressure on Monday after reports emerged that the Group or Ministers (GOM) panel suggested that they increase GST on luxury electric vehicles. Tata Motors fell by 1%, while M&M lost more than 2%. Hyundai also deposited 0.2% lower. The move occurs at the […]
Motilal Oswal, the co-founder and CEO of Motilal Oswal Financial Services, has again drawn attention on social media-not with a prediction of the stock market, but with its latest car purchase. In his recent message on X (formerly Twitter), Oswal revealed that he bought a new Mahindra SUV, who doubles his decision to move from […]
Mahindra & Mahindra is planning to manage rare earth magnet supplies through alternative sourcing channels for the coming nine months and will pursue ‘technical efforts’ to tackle the raw material shortage situation in the midst of the growing product portfolio, according to a senior manager. The imposition of export restrictions by China on important rare […]
