India-based auto maker Mahindra & Mahindra (M&M) is planning to invest about INR5bn ($81.5m) in its trucks and bus manufacturing subsidiary Mahindra Trucks and Buses (MTBL). The company will use the investments to develop new product ...
Indian automobile manufacturer Mahindra & Mahindra (M&M) has started working on a new platform to manufacture bigger electric vehicle (EV). The new platform could be used by M&M's Korean subsidiary SsangYong Motor, claims the company. ...
Mahindra & Mahindra's (M&M) Farm Equipment Sector has launched a new tractor manufacturing plant at Zaheerabad, Andhra Pradesh in India. The plant with a footprint of 60,000sqmt is built with investment of over INR3bn ($5.48m) and is ...
Tags: Mahindra&Mahindra, Farm Equipment Sector, tractor manufacturing plant
Indian automobile manufacturer Mahindra & Mahindra (M&M) has unveiled the new Maxximo Plus mini-truck, an upgrade of the previous version. The vehicle is powered by an engine that generates output of 26hp/19.2kW and is claimed to offer ...
Tags: automobile manufacturer, Mahindra&Mahindra, Maxximo Plus mini-truck
India-based auto maker Mahindra & Mahindra’s (M&M) over-all sales increased by 6% to 45,297 units in December 2012 compared to 42,761 units sold in December 2011. The company sold about 42,307 units in the home-market in December ...
Tags: India, auto maker, sales, December
Business Line reported that Mahindra & Mahindra has appointed Mr Rajesh Jejurikar as CEO Tractor and Farm Mechanization, effective April 1st 2013. The company in a statement said that Mr Jejuridar will replace Mr Bishwambhar Mishra, who ...
Tags: CEO, Tractor, Farm Mechanization, tractor businesses
Mahindra & Mahindra's Sri Lankan partner Ideal Group is planning to build a new vehicle assembly plant in Sri Lanka. For setting up the new assembly plant, Indian partner Mahindra & Mahindra will provide support the Ideal Group through a ...
Tags: Mahindra, assembly plant, Sri Lanka
Mahindra & Mahindra has reported a 18% rise in its auto sales to 48,143 units in November 2012, compared to 40,722 units for the same period in 2011. The company's domestic sales increased 23% to 46,755 units in November 2012, compared to ...
Tags: auto sales, Passenger Vehicles, domestic sales, automotive division