India's largest utility car maker, Mahindra and Mahindra has announced that they will be increasing prices of all their vehicles by approximately upto 3%. This price increase is being implemented on an immediate basis due to the rising input costs and deteriorating rupee value. Indian Rupee has suffered its worst fall in the past 4 months. Global economy is on the brink of yet another recession and... 

Jaypee Sports International Limited (JPSI), promoters of first ever Indian Grand Prix said on Tuesday that they were sure that their investments would be recovered in coming 2 to 3 years.  Mr. Sameer Gaur, Managing Director of the company said that they had made huge investments but were in no doubt of their success. JPSI have developed Buddh International Circuit and Gaur spoke of his aspirations... 

From a loss making company to what it is today, Mahindra and Mahindra (M&M) have come a long way since Anand Mahindra too over the reins of the group in 1991.  A company that was plagued by losses causing it to sell some real estate to balance the equation to a company that has opened its doors to foreign investment, M&M has finally made it up the ladder. M&M have come a long way in the... 

Activity at Mahindra dealerships will put even the biggest carmakers to shame. M&M has secured a record 5000+ bookings in just 6 days of launch. There have been more than 35,000 test drive requests, and the past two weeks have seen 8.5 lakh unique visitors to the XUV500 website. The webcast and press conference last week attracted 1.5 lakh viewers ensuring that social media really did work fr the... 

There is an increased demand for new and second hand diesel cars.  Rising petrol prices seem to have resulted in buyers opting for diesel variants and all top auto companies have noticed a changing trend in buyer's demands.  Petrol now costs Rs.25 more than a liter of diesel, and this has prompted buyers to show more affinity for diesel cars, both new and second hand. Used car dealers too are reporting... 

While some alliances aren't always fruitful, a Mahindra Reva electric vehicle (EV) will be introduced in the 18 months.  Chetan Maini, Mahindra Reva Electric Vehicle Chief of Technology and Strategy had this to say. "In the next 18 months, we will launch an M&M product with electric vehicle technology in India." "We will gradually introduce a Reva electric car in all Mahindra outlets. Our plan... 

Last Friday saw a major turnaround in Indian Auto Market when a rise in stock prices of Mahindra made it India's largest automaker value-wise.  Mahindra's valuation touched 440.74 billion rupees whereas Tata's dropped to 424.14 billion rupees. Tata Motors has been struggling hard in domestic market in India primarily because of drop in passenger cars vehicles sales. The sales of its luxury brand Jaguar... 

The largest utility vehicle manufactures in India namely Mahindra and Mahindra have to deal with rising engine capacity limitations. As stated by company's Automotive President on Tuesday, Mahindra and Mahindra are confronted with some limitations for their vehicles. Pawan Goenka told media persons present that though the company has set a target and is planning to enhance capacity of their vehicles... 

Earlier today, Mahindra and Mahindra, India's largest utility car manufacturer confirmed their financial results for the quarter that ended on 30th June 2011. According to the report, Mahindra F-12 Q1 PAT is up by 7.6% and revenue has increased by 28.8%. In the auto and farm sector too Mahindra has shown impressive progress by registering growth rate of 20.9% while in the passenger vehicle segment,... 

Mahindra, is planning on launching their first small car in India which will be priced in the range of Rs.2.5 lakhs to 3.5 lakhs. New Mahindra small car will be powered by a 1000 cc petrol engine. After contemplating on whether to setup a unit in Haryana or Tamil Nadu, Mahindra has finally decided to start manufacturing in Tamil Nadu with an initial investment of Rs 800 crores. Mr. Pawan Goenka, President...