Mahindra And Mahindra
Business  /  Published 11.01.22

SsangYong sold

A consortium led by South Korean electric carmaker Edison Motors Co has agreed to acquire debt-ridden SsangYong Motor Co Ltd for 305 billion won ($254.65 million), SsangYong Motor said on Monday. Ssa...
By Reuters, PTI in Seoul

Business  /  Published 02.12.21

Chip shortage hits car sales

Chip shortage impacted car sales in the country during the festive season with Maruti Suzuki reporting a total sales of 139,184 units in November 2021, down 9.2 per cent year-on-year. The auto maker h...
By Our Special Correspondent in New Delhi

Business  /  Published 02.06.21

Car sales plunge in May

Car sales in May 2021 nosedived as local shutdowns came into effect because of the second wave of the pandemic compared with April this year. Sales in the corresponding month last year were much lower...
By Our Special Correspondent in Calcutta

Business  /  Published 31.05.21

Mahindra and Mahindra to launch 9 SUVs

Mahindra and Mahindra is planning some big-ticket launches once the automotive sector recovers in June-July from the second wave of the Corona pandemic. The company expects the tractor sector to reco...
By Anasuya Basu in Calcutta

Business  /  Published 06.02.21

Mahindra PAT down to Rs 159.6cr

Hero MotoCorp, the world’s largest two-wheeler manufacturer, on Friday reported its highest-ever revenue for the quarter. The company’s revenue from operations for the October-December qu...
By Our Special Correspondent in Calcutta


Business  /  Published 02.01.21

M&M, Ford cancel pact

Ford Motor Company and Mahindra & Mahindra have pulled the plug on their previously announced automotive joint venture citing changes in the global economic and business conditions partly because ...
By Our Special Correspondent in Mumbai

Business  /  Published 11.11.20

Lockout at Toyota plant

Toyota Kirloskar Motor on Tuesday said it has declared a lockout at its Bidadi manufacturing facility in Karnataka following workers’ union members resorting to a sit in strike at the factory pr...
By Our Bureau in New Delhi

Business  /  Published 22.09.20

M&M mulls Ssangyong stake bid

Mahindra & Mahindra (M&M) is understood to be considering a $258 million (300 billion won) bid for its stake in Ssangyong Motor Company (SYMC) made by HAAH Automotive Holdings Inc, a US-based ...
By Our Special Correspondent in Mumbai

Business  /  Published 06.05.20

Sensex rebounds after 2-day losing streak

Markets found firmer ground on Wednesday after two sessions of losses as investors made a cautious return to some recently-battered banking, finance and auto counters.Dismal macroeconomic data and ris...
By PTI in Mumbai

Business  /  Published 01.08.19

Cruel July spell on car sales

Maruti Suzuki, Honda and Mahindra and Mahindra were among the car makers to report a double-digit drop in car sales in July, prompting the industry to turn to the government for stimulus and RBI for a...
By Our Special Correspondent in New Delhi


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