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Mahindra to launch new passenger variants
Mr Rajesh Jejurikar, Mahindra’s Chief Executive for Automotive Design announced the launch of new passenger variants from Mahindra & Mahindra within the next 12 months. Currently the first vehicle is in its development phase and Mr Jejurikar was not ready to reveal any further details.
He said, “Mahindra & Mahindra will be launching a passenger vehicle variant under the Maxximo platform...
2010 JD Power Results
2010 JD Power customer satisfaction survey results are here, and Maruti Suzuki has topped the charts. The J.D. Power Asia Pacific 2010 India Sales Satisfaction Index is a noteworthy survey that determines the customer satisfaction index in India. They study satisfaction related to new-buyer experiences and evaluate the delivery process, and delivery timing. The salesperson, sales initiation, dealer...
Mahindra severs tie with Global Vehicles Inc
The latest development at Mahindra & Mahindra (M&M) is the stalling of their contract Global Vehicles Inc., the company’s US marketing and distribution partner. The news makes headlines only 3 days after M&M was awarded certification from the US Environmental Protection Agency (EPA). The certification enables M&M to sell pick-up trucks in the US.
Previously, Global Vehicles filed...
Mahindra Bolero expansion in India
Mahindra Bolero has certainly wowed the Indian auto market this past decade. The car continues to grow in popularity, and demand in cities follows an upward graph. After its initial launch, the car did brilliantly in tier II and tier III cities. The Mahindra Bolero was relaunched in 2007.
Increase in demand is causing the company to seriously consider supply issues. The company is dealing with a backlog...
Mahindra to launch new cars in Sri Lanka
Mahindra Vice Chairman, Mr Anand Mahindra announced earlier today in Colombo, “In keeping with our long term plans for this region, we are soon going to enhance our current product portfolio in the market with the launch of several new products, including the Maxximo, a technologically modern sub 1 tonne pickup and HCVs (Heavy Commercial Vehicles).”
Mahindra Group is a $7.1 billion private organization...
Renault-Samsung pullout help Mahindra get closer to SsangYong
South Korea’s fourth largest auto manufacturer, SsangYong (Double Dragon) is up for grabs. Currently the following models are manufactured under the brand;
SUV's - Actyon, Kyron and Rexton II
Pickup Trucks - Actyon Sports
Vans - Rodius/Stavic
Luxury cars - Chairman H and Panther Kallista
Trucks and Buses - SY Truck and Transtar
Mahindra and Renault-Samsung were considered front runners when the...
Mahindra Logan doing well
When Mahindra bought Renault’s stakes from the Mahindra Renault JV, Logan had an uncertain future. Sales of Logan were dipping every month and a closure seemed a better option. But what has happened is exactly opposite. Logan has registered an increase of 150% in their July sales (752 units) figures compared to April sales (303 units) when Logan was last sold under the JV.
Mahindra has put in great...
Independence Day offer from Mahindra First Choice
Mahindra First Choice, a multi brand car servicing company from Mahindra & Mahindra have announced Independence Day offer for all car owners. With this First Choice would like to promote the theme, “Set Your Car Free From All Service Worries.”
Mr. Shiv Kiran, Mahindra First Choice COO, said, “Mahindra First Choice Services is known for its customer-focused approach and stringent quality...
M&M approached for buying Fiat Engine plant
M&M, who are the current owners of Fiat Engine Plant, have been reportedly approached by another of Fiat Engine Plant for a buyout. Fiat Powertrain Technologies, who owned this plant before it was liquidated to creditors.
Reports suggest creditors have fixed a price of $45 million on the plant which designs, develops, produces and sells transmissions and engines. This price of $45 million is excluding...
July 2010 Sales
One more month ends and Indian auto industry continues to grow bigger. To start with, Tata Motors have registered total sales of 67,799 vehicles, an increase of 41% over last year’s July sales. Jaguar Land Rover too continued their upward trend as they registered a growth of 71% compared to last year, as they sold 4241 units this month.
General Motors registered a 45% increase with sales of 7124...