The year 2012 has begun on a good note for Mahindra and Mahindra. The company has recorded an increase by 22% in sales during the month of January. Compared to 36,718 units sold during January 2011, the company has sold 44,717 units in the month of January 2012. Mr. Arun Malhotra, Senior Vice President – Sales and Customer Care said that the company was happy to reach these sales figures so early... 

Swedish car manufacturer, SAAB filed for bankruptcy back in December last year. Since then the management and board members of SAAB are looking for a prospective buyer who will buy 100% of SAAB. India's largest utility vehicle manufacturer, Mahindra and Mahindra have shown keen interest in buying SAAB along with Youngman, a Chinese car manufacturer. Mr Hans Bergqvist, one of the three SAAB administrators... 

Ssangyong, South Korean car manufacturer, now owned by India's very own Mahindra and Mahindra, is contemplating the installation of a manufacture and export base in India to take advantage of the low cost of production available in the country. Speaking of these plans, Mr. Choi Jong-sik, Vice President – Sales at Ssangyong said that $1.2 billion will be invested over the coming three to five years... 

High manufacturing costs, high fuel prices and increasing bank interest rates saw Indian auto industry face some trying times in 2011. This year round, car manufacturers in India are gearing up to average their losses suffered in the last year. They have been coming out with newer models to be launched during the year. Mahindra and Mahindra, one of the country's major auto manufacturers have offered... 

Mahindra & Mahindra had set the production capacity for the XUV500 SUV at 2000 units a month at the time of its launch in September 2011. M&M had to suspend bookings in as they received bookings for 8000+ units in just 10 days of business, which equates to vehicles manufactured over a 4 month production period. M&M has again resumed bookings for the XUV500 SUV, this time across 9 cities... 

Mahindra and Mahindra made operational their booking window for the XUV500 SUV on 25th January, and in two days M&M have registered 5900 plus booking applications. Bookings for the XUV500 will be accepted until the 3rd February, 2012. Ot was previously announced, even prior to resuming bookings that Mahindra would resort to a draw system if applications received were upward of 7200 so as to be... 

Mahindra and Mahindra will once again open booking window for their latest SUV, XUV500 from the 25th of this month. M&M, the largest utility vehicle manufacturer in the country, launched XUV500 SUV on 28th September last year. Mahindra received an overwhelming response and due to which they had to close bookings for XUV500. On 11th October, Mahindra stopped accepting fresh orders for XUV500 SUV... 

Chief Executive of SsangYong Motor Company has announced that the company will commence assembly operations in India for their sports utility vehicles so as to take advantage of high import duties levied on completely built up units. Rexton SUV will be the first of their line to be assembled in India. This SUV will have a 2.7 liter diesel engine and operations are set to commence from the second half... 

A number of MPV launches are slated for this year besides a number of face lifted versions that will also be entering the auto markets during 2012. Delhi Auto Show saw the new Toyota Innova MPV while Mahindra Xylo is also planning to bring in their face lifted version on to Indian roads. Though Mahindra and Mahindra did not disclose their new version of MPV Xylo at the Delhi Auto Show 2012, it is expected... 

Ssangyong Motors may not have released any new models lately but have long term plans in place. The company will have four new models in the market by 2016 together with Mahindra and Mahindra. Mr. Pawan Goenka, spoke to media at Delhi Auto Show and stressed his company plans of the future. At the press conference Goenka said that it has just been a year since M&M has acquired Ssangyong and hence...