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Mahindra Duro DZ two wheeler: Can it take on Piaggio Vespa scooters
Mahindra and Mahindra used the 2012 Delhi Auto Show platform showcase a number of two wheelers and among them was the Duro DZ. The model will be officially presented to the audience soon, and is sure to go on to be a best seller for the company post this week's showcasing. Mahindra Two Wheelers upholds utility and performance in the Duro DZ and Mahindra MGP30.
The new Mahindra Duro DZ is powered by...
Mahindra and Mahindra enters loan and finance contract with Indian Overseas Bank
Mahindra and Mahindra has entered into an agreement with Indian Overseas Bank and an MoU was signed between both parties so as to ensure quick and timely sanction car loans and commercial vehicle finance. Customers of Mahindra and Mahindra can approach any of the 2000 odd branches of IOB for easy finance facilities which will increase the reach of both M&M dealers and the various IOB branches across...
Mahindra and Mahindra Ssangyong sales to fall short of target for 2010
Economic slowdown coupled with other factors has led to a fall in sales of a number of auto companies. Mahindra and Mahindra's Ssangyong subsidiary too has been experiencing the same situation of sales going south. So, much so that Ssangyong is likely to have failed to reach sales targets for 2011.
Mr. Pawan Goenka, President of Automotive Division at Mahindra and Mahindra said that some of the major...
Wait for Mahindra and Mahindra W201 and SUV range for 2011
The grapevine is ripe with stories about 3 impending launches from Mahindra and Mahindra. The SUV range that's soon going to be spotted in India includes the W201, Korando-C, and Rexdon. Coming back to the W201, more popularly known as the Global SUV it's almost here but nobody seems to have an idea when. The SUV has been spotted testing almost all over India and rumors regarding the Mahindra W201...
Mahindra and Mahindra increase vehicle prices
Mahindra and Mahindra have now announced that there would be a price hike of around Rs. 15,000/- on its complete collection of automobiles.
Mr. Pawan Goenka, President of Mahindra and Mahindra made a statement to the press that this was due to increase in commodity cost and prices would be increased by about 2%. Depending on the model, price spikes would differ from Rs. 7,000 to Rs. 15,000. Vehicles...
Mahindra buys 55% stake in Reva
As reported yesterday by RushLane, Mahindra and Mahindra have successfully completed buying a 55% stake in Reva Electric Motors, Bangalore. Though Mahindra did not disclose the total amount, it said it will invest another $9.5 million to give Reva's R&D a boost. Reva's CTO, Chetan Maini who joined the company as a mechanical engineer keeps his post under the Mahindra banner.
M&M COO, MR. Rajesh...
Mahindra to buy Reva, in a day or two?
With an estimated price tag of $100 million, industry people with information are suggesting that Mahindra and Mahindra are buying Reva in a day or two. Speculations were given a further push when M&M's share prices fell by 2.48% at the Bombay Stock Exchange (BSE) yesterday.
Reports suggest that Mahindra will take complete control over the Bangalore based electric car manufacturer, but will keep...
Mahindra and Mahindra bags 5 auto awards
Mahindra and Mahindra is elated after bagging 5 Auto awards from the automotive media. Mahindra Xylo, a true blue sedanPlus won 3 awards. This includes:
MUV of the Year from NDTV Profit Car and Bike awards
UV (Utility Vehicle) of the Year from CNBC TV 18 Overdrive awards
MPV of the Year from Zigwheels Car and Bike awards
Their Duro Power Scooter bagged Scooter of the Year by NDTV Profit Car and Bike...
Mahindra and Mahindra has electric Maxximo plans
Mahindra and Mahindra is all set to bring out the electric variant Maxximo in October this year. It's another competitive attack for a company that's dealing with multi segments simultaneously included 2-wheelers, and heavy commercial vehicles. The cheap electric versions are certainly a market that can be profitable for them.
The vehicle follows standard norms and can speed upto 90 km/hr with a 8...
Mahindra and Mahindra slapped with penalty fee
M&M has confirmed that the Customs, Excise and Service Tax Appellate Tribunal has rejected its excise classification of Commander Vehicles appeal.
The appeal was made in opposition to a demand that required payment of differential excise duty of 2.16 billion rupees ($46.5 million). Alongside, a penalty of 880.8 million rupees too was to be paid. The penalty was related to classification of a Commander...






















