Latest Updates Around The World
Mitsubishi Mahindra Agricultural Machinery, the Japan-based agricultural machinery joint venture of Mahindra & Mahindra, will exit its agricultural machinery business after determining that the segment is no longer viable in the long term due to changing global demand and structural industry pressures. ‘The company, headquartered in Matsue City and led by CEO Toru Saito, plans […]
Indian automaker Mahindra & Mahindra plans to expand capacity for its sports utility vehicles and electric vehicles this year to meet rising demand, helping the company post a nearly 33% quarter-on-quarter profit increase on Wednesday.The Mumbai-based company is India’s second-largest automaker by revenue, with a portfolio made up entirely of feature-rich SUVs.Mahindra plans to increase […]
New Delhi: Maruti Suzuki, Tata Motors and Mahindra & Mahindra (M&M) are among India’s top automakers as they prepare to launch more than 30 vehicles by 2026, the highest in the last five years. The wave of launches is expected to provide further impetus in the market as there is a demand spurt following last […]
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 […]
The share of battery electric vehicles in the Indian two-wheeler and passenger car market has declined in 2025 after the government reduced GST rates on petrol and diesel vehicles from October, even as electric vehicle sales continued to grow during the year, according to a report by The Times of India.The tax cut widened the […]
Indian SUV giant Mahindra & Mahindra (M&M) does not expect car prices to rise from January next year unless boosted by a significant rise in commodity prices, a top company executive said on Thursday.Given an automotive trend where automakers typically announce price increases every year from January onwards, Mahindra executive director and CEO for automotive […]
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 […]
India’s Tata Motors is betting its recently launched sport-utility vehicle will help boost competition with rivals such as Hyundai Motor and Maruti Suzuki in a hotly contested and fast-growing part of the market.Tata, India’s third-largest automaker, launched the mid-size Sierra SUV on Tuesday, reviving a decades-old cult brand that will take on Hyundai’s Creta SUV […]
Mahindra & Mahindra showcased a range of alternative fuel tractors and technologies at Agrovision 2025 in Nagpur on Sunday. The tractors, powered by alternative fuel technologies, have been developed at Mahindra Research Valley (MRV), Chennai. Mahindra, the world’s largest tractor manufacturer by volume, showcased a new CNG/CBG tractor, an Ethanol Flex Fuel tractor engine and […]
Chinese-owned automakers are emerging as major players in India’s electric passenger car segment, challenging longtime leaders Tata Motors and Mahindra & Mahindra. In less than two years, brands like BYD, MG Motor and Volvo – all backed by Chinese companies – have overtaken several Korean and German rivals to now account for almost a third […]
