Mahindra Nashik plant production unaffected as Union leaders fast unto 6th day. The wage agreement expired in February and union leaders are urging the management of M&M to renew this agreement with some terms and conditions attached which has not found favor with the hierarchy yet.
Mahindra SUV’s in tax quandary. his shows that the added 3% has caused a serious decline in this sector, which till date was considered the fastest growing sector. The restraint will curb revenues generated by the Indian auto industry.
Mahindra and J&K Bank preferred financier agreement for car loans and commercial vehicle finance. While Mahindra has numbers to speak of, sales have been stagnant in April 2013.
Mahindra Igatpuri plant production tool down strike a shame or a norm. The strike was called off on Monday following the reinstatement of two suspended workers.
Mahindra Pick-up crosses 1 lakh domestic sales for FY-2013. The brand portfolio consists of Bolero Maxi Truck, Bolero Pick Up, Bolero Camper & Genio that are designed to provide customers with suitable options to match their needs.
Mahindra Reva E2o has caused much excitement in the market but sales are not upto expectations and the company is hoping that other cities in India also come up with Government aided state subsidies like in Delhi to prompt people to purchase this electric vehicle.
Mahindra Mega Service Camp M plus check ups discounts from 18th to 24th February, 2013. This camp will entail free checkups for owners of Scorpio, Bolero, Xylo, Quanto, XUV500, Rexton, Verito, Logan and Thar
Mahindra SsangYong Motors $73 million investment. A total of 1,45,45,455 equity shares at 5,500 Korean Won per share will be allotted totaling 80 billion Korean Won.
Ssangyong Motor which sees Mahindra Group as a major shareholder has announced that it will be increasing paid in capital by KRW 80 billion for…