Three weeks after warning that it will be forced to increase the prices of its automobiles, Mahindra & Mahindra today said it has implemented a 1.9% increase in the prices of its passenger and commercial vehicles. This will result in an increase of around Rs 4,000 — for the cheapest vehicle — to Rs 40,000 […]
Mid-range models like XUV300, Thar and Bolero proved to be the wind behind sails of Mahindra & Mahindra’s 27% sales growth in November, according to the numbers released by the company today. On the other hand, sales of both entry-level as well as higher priced models, such as KUV100 and XUV500, proved to be a […]
Mahindra & Mahindra, the second-biggest Indian auto brand, is hoping that the valuable lessons that it has learnt from a series of less-than-spectacular product launches — reflected in the design and success of the new Thar 2020 — will be a harbinger of better luck in store for the company in 2021. Over the last […]
Indian SUV maker Mahindra & Mahindra seems to be finally shaking off its long-drawn legal troubles in the US over its flagship model, Roxor, looking too much like the old Jeep models. The company had carried over an extreme redesign of the Roxor this year, and while that may have irked the fans of the […]
Automaker Mahindra & Mahindra said it has crossed 15,000 bookings for the 2020 version of its Thar SUV in the first 17 days days of sales and that the company is planning to expand the production capacity for the model. The company had, two weeks ago, announced that it had crossed the 9000 mark within […]
Home-grown automaker Mahindra & Mahindra has notched up 9,000 bookings in the first four days of launching the 2020 Thar SUV, marking a strong start for a crucial model for the company. It said this was achieved despite test drive and demo vehicles being present only in 18 cities. The Mumbai-based company said buyers have […]
Tata Motors and JLR’s bet on reviving the original spirit of Land Rover with the Defender brand seems to be paying off, with the first model already notching up enough orders to keep the production lines busy for the rest of the year. Adrian Mardell, Chief Financial Officer of Jaguar Land Rover, called the launch […]
Mahindra & Mahindra, one of the top two Indian automakers, said it is nearing the end of a major capital expenditure cycle, and is poised to launch upgraded versions of its sports utility vehicles that will offer unmatched value compared to its rivals’ products. It said it is nearing the end of heavy investments both […]
Maruti Suzuki, India’s largest carmaker, reported a sharp decline in the sales of its larger cars and utility vehicles in January, even as sales of small and compact cars remained resilient. Sales of Ciaz, the mid-segment sedan that costs around Rs 10 lakh, fell by a whopping 71.5% to 835 units in January compared to […]
Maruti Suzuki, India’s largest carmaker, released the ‘first sketch’ of XL6 — its ‘premium three-row vehicle’ that is likely to take on the likes of XUV500 and Toyota Innova. The XL6 is based on the Ertiga platform, but offers upgraded features and is more ‘sporty’ with greater ground clearance than the Ertiga. The Ertiga itself […]
Mahindra & Mahindra, one of India’s largest car and SUV makers, announced that the prices of its cars and SUVs will jump by up to Rs 36,000 due to new safety norms that kick in from July 1. The biggest price increases will be felt on cheaper and older models such as Scorpio, Bolero, TUV300 […]
Indian car manufacturer Mahindra and Mahindra said it signed a deal with Ford India to jointly develop and supply a midsize sports utility vehicles, the C-SUV. As per the agreement, Ford and its affiliate companies will invest Rs 680 crores for the development of vehicles over a period of 10 years. The number of SUVs […]
Tata Motors UK unit Jaguar Land Rover expressed disappointment over the move by credit rating agency S&P to downgrade its debt rating, and promised better results for the ongoing quarter. “The company is disappointed by S&P’s decision to downgrade Jaguar Land Rover now. “The company reaffirms that it expects improved financial results in the fourth […]
Tata Motors’ newly launched SUV, Tata Harrier, sold around 1,600 units in the very first month since its launch on January 23. The company had sold 420 units of the SUV in the first ten days. Harrier, the company’s latest attempt to crack the SUV market after models like Safari, Hexa and Aria, is also […]
The introduction of BS-VI fuel standard a year from now is expected to make small diesel engines too expensive to be of practical use and push the market for smaller vehicles towards petrol, CNG and electric vehicles, automaker Mahindra & Mahindra said. Managing Director Pawan Goenka said the share of diesel engines in cars has […]
SUV maker Mahindra & Mahindra Ltd, which is feeling the heat from India’s bigger car maker Maruti Suzuki, has announced its latest offering — the five-seater XUV300 — to take on Vitara Brezza, India’s largest selling SUV. The model will be launched in the 1st half of February 2019, Mahindra said. The XUV300 belongs to […]
Weeks after Mahindra & Mahindra announced the Marazzo, Maruti Suzuki has announced a total revamp of its affordable utility vehicle, Ertiga, at a cost of Rs 900 cr. The company said the vehicle, which has an image of being rather boringly utilitarian due to its plain looks, has been totally rebuilt using its parent Suzuki’s […]
Mahindra & Mahindra Ltd, India’s second biggest SUV maker, said it was raising the price of its latest utility vehicle, Marazzo, by Rs 30,000-40,000 from January 1. The utility vehicle costs Rs 10-14 lakhs ex-showroom in Delhi, and has been one of the most successful UV launches in recent years, not least because of the […]
Mahindra & Mahindra has unveiled its next SUV, the Marazzo, at a price that is considerably below what the market was expecting. While the ‘shark-inspired’ UV was supposed to be priced in the same range as the XUV500, the actual starting price is about 20% below that of the 500. Against Rs 12.6 lakhs for […]
Maruti Suzuki said it has sold 3 lakh units of Vitara Brezza, the most popular SUV to have hit the Indian market ever. Given that the model was launched in March 2016, this works out to average sales of 10,700 units per month. The number of cars that sell above 10,000 units in India can […]
