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MLMM, Vidyut Launch Battery Service Financing

MLMM, Vidyut Launch Battery Service Financing

Fri, Dec 13, 2024

Mahindra Last Mile Mobility (MLMM) has teamed up with Vidyut to introduce a Battery-as-a-Service financing model for electric vehicles (EVs). This partnership aims to provide a cost-effective solution for EV owners by offering flexible battery leasing options. Watch this video to learn more about how this collaboration could impact the EV sector.

These vehicles have been launched in the luxury segment.

These vehicles have been launched in the luxury segment.

Wed, Nov 27, 2024

M&M launched 2 new e-vehicles, Mahindra BE 6e, XEV 9e launched, these vehicles have been launched in the luxury segment, see the great look and many great features of both the vehicles.

Mahindra emerges as India's third largest carmaker overtakes Ratan Tata's firm | New Thar Roxx

Mahindra emerges as India's third largest carmaker overtakes Ratan Tata's firm | New Thar Roxx

Thu, Oct 03, 2024

Mahindra, India's largest SUV maker is officially now the third-largest carmaker in the country. The automaker achieved the rank because of its seals in September 2024 with an increase of around 24 percent in sales. Because of this, the automaker managed to overtake Tata Motors because of its models like Thar, XUV700, Scorpio-N, and the XUV 3XO. It is to be noted that this portfolio of vehicles has been further expanded with the addition of the new Thar Roxx, bookings for which will start in October.

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Mahindra forays into ICV segment, unveils Furio range of trucks

Mahindra forays into ICV segment, unveils Furio range of trucks

Tue, Jul 24, 2018

Mahindra & Mahindra's automotive sector president Rajan Wadhera said with the addition of the new range of ICVs, MTB will emerge as a complete trucking solutions provider to the country's commercial vehicle market. The company unveiled four new trucks today, of the 21 it plans to roll out in the new ICV range.

Tata Motors, Mahindra top R&D spenders in automobile industry

Tata Motors, Mahindra top R&D spenders in automobile industry

Sun, Jul 15, 2018

Homegrown companies Tata Motors and Mahindra & Mahindra were the biggest spenders on research and development in 2016-17 among 25 automakers in India which together invested Rs 6,344 crore, latest industry data showed

Auto makers post healthy double-digit sales growth in November

Auto makers post healthy double-digit sales growth in November

Fri, Dec 01, 2017

Utility vehicle sales, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV Vitara Brezza, increased by 34 per cent to 23,072 units in November from 17,215 in the same month of 2016, MSI added.

Commercial vehicle sales growth outperform car sales in festive month of October

Commercial vehicle sales growth outperform car sales in festive month of October

Fri, Nov 03, 2017

The growth is driven by pent-up demand post GST, healthy replacement-led demand especially in Tractor Trailer segment owing to stricter implementation of CMVR regulations and pick-up in construction

Jio's success helps Reliance overtake Airtel, grabs second spot in 2017 brand value list

Thu, Nov 02, 2017

Reliance Industries saw its brand value grow by 9% during the year to stand at Rs 38,212 crore in 2017.

Retail car sales sees low demand in run up to Diwali this year despite discounts

Retail car sales sees low demand in run up to Diwali this year despite discounts

Tue, Oct 24, 2017

The retail car sales during the week before Diwali accounts for 25-30% of the total sales for the year. This is as most of the new cars are purchased during the festive period.

Car companies offer discounts of up to Rs 1 lakh in anticipation of good Diwali sales

Car companies offer discounts of up to Rs 1 lakh in anticipation of good Diwali sales

Fri, Oct 13, 2017

Two-wheeler and passenger vehicle volumes are expected to grow at CAGR of about 11% over FY17-19 during the Diwali period.

Mahindra, Tata Motors try to take on competition from Jeep Compass in latest ads

Mahindra, Tata Motors try to take on competition from Jeep Compass in latest ads

Fri, Aug 25, 2017

With the threat of the Jeep Compass eating into the share of players in the SUV segment, Mahindra and Tata Motors released ads taking a dig at the Compass.

Why hike in GST cess on luxury cars may dent investment, auto jobs in India

Why hike in GST cess on luxury cars may dent investment, auto jobs in India

Tue, Aug 08, 2017

Except for small cars, all cars above 4 meters could see their prices go much above the pre-GST levels due to the hike in the on-road taxes in many states

Automobile companies feel the impact of GST in Q1 results

Automobile companies feel the impact of GST in Q1 results

Fri, Aug 04, 2017

Several automobile companies reported an impact due to the rollout of GST and a one-time charge incurred as they had compensate dealerships for unsold inventory.

Why pre-GST discounts offered by car makers fail to sway buyer in June as sales fall

Why pre-GST discounts offered by car makers fail to sway buyer in June as sales fall

Mon, Jul 03, 2017

Car companies in the month of June saw a decline in sales even despite offering large discounts due to the implementation of GST from July 1.

Here is why the govt has dumped hybrid cars from its electric vehicle plan in India

Here is why the govt has dumped hybrid cars from its electric vehicle plan in India

Mon, Jul 03, 2017

While the government has given a lower 12% GST rate on electric vehicles, hybrid vehicles will incur a GST rate of 43%. Many automobile companies are angry with the government's decision.

GST rates on cars: Heavy discount on Tata, Mahindra and Maruti cars

GST rates on cars: Heavy discount on Tata, Mahindra and Maruti cars

Wed, Jun 14, 2017

Ahead of the GST's implementation, various car manufacturers are offering lucrative discounts on their cars, ranging between Rs 15,000 to Rs 2.5 lakh. You can avail these benefits in form of cash discount and exchange bonus, depending on make and models.

Anand Mahindra urges Elon Musk to bring Tesla to the Indian electric car market

Anand Mahindra urges Elon Musk to bring Tesla to the Indian electric car market

Fri, Jun 02, 2017

In a reply to a tweet of Elon Musk, Anand Mahindra said that there is plenty of room in the electric car market in India as they are the only manufacturers.

Majority of car companies post good growth in sales May

Majority of car companies post good growth in sales May

Thu, Jun 01, 2017

Will Mahindra dodge BS-III impact like CV firms Tata Motors, Ashok Leyland in its Q4 results?

Will Mahindra dodge BS-III impact like CV firms Tata Motors, Ashok Leyland in its Q4 results?

Fri, May 26, 2017

Tata Motors, Ashok Leyland and Mahindra & Mahindra were the most effected commercial vehicle firms due to the BS-III ban. But with lesser than expected impact on the Q4 results of Tata Motors and Ashok Leyland, will Mahindra's Q4 results too follow the same way.

Most Valuable Brands: Tata's value falls but remains perched at top; Micromax struggles

Most Valuable Brands: Tata's value falls but remains perched at top; Micromax struggles

Thu, May 18, 2017

Value of top Indian brands increased 15% in 2017, ahead of the global average of 11%. Brand Finance List features some surprises in its 2017 brand evaluation that puts Tata's brand on top and IT services that performed well despite of backlash of of H1-B visa fiasco and job cuts.

Mahindra may plan for IPO or strategic sale in logistics arm in FY19

Mahindra may plan for IPO or strategic sale in logistics arm in FY19

Sun, Apr 30, 2017

The company, which got incorporated as a separate entity in 2008 after eight years of working as an in-house department, will close FY 2016-17 with revenues of Rs 2,600 crore

Honda BR-V, WR-V, Brezza Vitara, Hyundai Creta, Scorpio push C2 SUV segment by 25% in March

Honda BR-V, WR-V, Brezza Vitara, Hyundai Creta, Scorpio push C2 SUV segment by 25% in March

Thu, Apr 13, 2017

SUVs in the segment such as the Ford EcoSport, Honda BR-V, Honda WR-V, Maruti Suzuki Vitara Brezza, Hyundai Creta have been the most popular choices.

Mahindra to launch two new SUVs to arrest falling market share

Mahindra to launch two new SUVs to arrest falling market share

Mon, Mar 27, 2017

Mahindra's management accepted that its recently launched compact SUVs (the KUV100 and TUV300) have not met management’s expectations

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