Friday, May 29, 2020 | Last Update : 10:48 AM IST

66th Day Of Lockdown

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mahindra & mahindra

India's automakers warn of up to 45% sales drop as economy slumps amid pandemic

India’s auto industry is already reeling, with sales of cars, trucks and motorbikes falling 18% last fiscal year to 21.5 million vehicles

12 May 2020 10:42 AM

Auto stocks slump nearly 12% as automakers score nil domestic sales in April

Maruti Suzuki India, Hyundai Motor India Ltd, Mahindra & Mahindra, Toyota Kirloskar Motor and MG Motor India reported nil sales

04 May 2020 3:57 PM

India's car sales plunge amid lockdown

Government last week sent India into a 21-day lockdown to try to curb the spread of the virus, forcing automakers to suspend manufacturing

02 Apr 2020 12:47 PM

M&M drives in Jeeto Plus variant

The Jeeto Plus is powered by a 625cc, single-cylinder diesel engine that produces 16 BHP and 38 Nm.

23 Nov 2019 1:54 AM

M&M Q2 profit down 78 per cent at Rs 368 crore

The company had posted a PAT of Rs 1,708.92 crore for the same quarter last fiscal.

08 Nov 2019 3:23 PM

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Suzuki rethinks promise of India's auto market, and it is not alone

We no longer think that growth in India will be an uninterrupted move upwards, Suzuki President Toshihiro Suzuki cautioned.

08 Nov 2019 2:05 PM

Mahindra total sales down 11 pc at 51,896 units in October

The company had sold 58,416 units in the corresponding month last year, M&M said in a regulatory filing.

01 Nov 2019 2:13 PM

Indian car buyers becoming less price conscious: JD Power

As per the JD Power report, Indian car buyers are putting more emphasis on vehicle styling.

31 Oct 2019 3:21 PM

Mahindra opens all-women workshop

Run by a team of nine women, the facility, called Compact Qwik (CQ) outlet, is a Mahindra authorised two-bay workshop.

23 Oct 2019 2:52 AM

Mahindra to take control of Ford biz

The JV is expected to be operational by mid-2020, subject to regulatory approvals.

02 Oct 2019 1:53 AM

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Ford forms joint venture with Mahindra for India business

The two companies have for months been negotiating the deal, which will see Ford hold a 49 per cent stake in the new entity.

01 Oct 2019 6:04 PM

Ford to end independent operations in India, Mahindra to lead the JV: Sources

The two companies have for months been structuring the deal to create a new entity in which Ford will hold a 49 per cent stake.

26 Sep 2019 3:11 PM

Mahindra axes XUV500 petrol and diesel-auto AWD variants

Mahindra has increased the prices of the remaining variants marginally as well.

23 Sep 2019 2:41 PM

Maruti Suzuki's PV mkt share shrinks in April-Aug; Hyundai, Mahindra gain

Maruti Suzuki sold 5,55,064 units this fiscal as compared with 7,57,289 units during April-August previous year.

15 Sep 2019 2:08 PM

Mahindra & Mahindra offers SUVs on subscription

Earlier, Mahindra had also launched leasing scheme, in which one had to make a down payment for leasing a car.

13 Sep 2019 2:37 AM

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M&M says fiscal stimulus needed for India's auto industry

M&M's Managing Director Pawan Goenka said that the auto maker has retrenched about 1,500 temporary workers since April 1.

18 Aug 2019 3:57 PM

Passenger vehicle output down 13.18 pc in Apr-Jul as major cos cut production

PV production in the April-July period stood at 12,13,281 units as against 13,97,404 units in same period last fiscal.

15 Aug 2019 1:07 PM

Auto sales in India sees sharpest fall 19 yrs in July; 15,000 workers lose jobs

Domestic PV sales also saw the biggest fall in nearly 19 years, slumping by 30.98 pc to 2,00,790 units.

13 Aug 2019 3:15 PM

Automakers cut production to align with tapering market demand

M&M said it would be observing 'no production days' in various plants for 8-14 days during second quarter of 2019-20.

09 Aug 2019 7:48 PM

Auto stocks fall up to 3 pc after SIAM's sales data

Led by losses in these scrips, the BSE auto index fell 1.07 per cent to close at 16,948.23.

10 Jul 2019 7:40 PM

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