Mahindra preferred financier agreement with Sharad Shakari Bank, Manchar for Car Loans and Commercial Vehicle Finance
March 18, 2014, Manchar: Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, has signed a Preferred Financier agreement with Sharad Shakari Bank, Manchar. The Memorandum of Understanding (MoU) would enable Mahindra customers to avail of vehicle finance from any of the branches of the Bank. The MoU was signed by Mr. Jacob Varghese, Sr. GM – Sales, West Zone, Automotive Division, Mahindra & Mahindra Ltd. and Mr. Devendra Shah, Chairman, Sharad Shakari Bank in the presence of Shri D.S. Joshi, CEO, of the bank and Mr. Manoj Kumar Gupta, D.G.M – Sales, Rest of Maharashtra, Automotive Division, Mahindra & Mahindra Ltd.
Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, has entered into a Preferred Financier tie-up with the State Bank of Patiala. The Memorandum of Understanding (MoU) signed in Patiala on 10th March 2014 will enable Mahindra customers to avail of a vehicle loan from any of the 1,175 branches of the bank.
Mahindra set to provide a comprehensive electric mobility solution for Bhutan thereby creating an eco-system for sustainable and affordable transport for its citizens and tourists. Launch of the e2o to be followed by introduction of other models from the Mahindra Electric Vehicle product portfolio soon.
Mahindra Group today launched India’s biggest innovation prize,‘Rise Prize’. It offers USD 1 million to drive innovations in India. The 2 primary challenges are Mobility Challenge through solutions for driverless cars in India, and Solar Challenge to make solar energy products more accessible to more people.
Farm Equipment Sector of Mahindra & Mahindra Ltd. has announced the winners of the Mahindra Samriddhi India Agri Awards 2014. This year, Shri Tariq Anwar, Minister of State for Agriculture and Food Processing, Government of India was the guest of honour.
Mumbai, February 26, 2014: Mahindra & Mahindra Ltd. (M&M), India’s leading SUV manufacturer, has announced a free mega service camp, M-Plus, for Scorpio, Bolero, Xylo, Quanto, XUV500, Rexton, Verito/Vibe/Logan and Thar owners. This grand customer-centric initiative which is in its fifth year will be organized from March 3rd to 9th 2014 at Mahindra dealerships in all state capitals and large cities across the country.
February 24, 2013, Indore: The much awaited 7th edition of the Baja SAE India 2014 finally came to an end yesterday at Pithampur Indore, leaving behind many exhilarating moments. About 106 teams had competed for the title in the endurance round. The event took place at the NATRIP facility in Indore.
For Jan 2014, Mahindra & Mahindra Ltd reported 42,685 units sold. Within it, Passenger Vehicles segment (UVs and Verito) sold 19,792 units as compared to 26,555 units sold during January 2013. M&M domestic sales stood at 40,324 units during January 2014, as against 47,841 units sold in Jan 2013. 4-wheelers commercial segment reported 15,100 units sold, 3-wheelers segment clocked 4,710 units in January 2014. Exports stood at 2,361 units.