M&M amazed the world by becoming the World’s 11th largest automaker: Anand Mahindra
2 months, 3 weeks ago

M&M amazed the world by becoming the World’s 11th largest automaker: Anand Mahindra

Live Mint  

New Delhi, December 17 : When India started as an independent automaker, the world believed that there was very little chance of survival, said Mahindra Group Chairman Anand Mahindra on Tuesday. He shared his views after Mahindra & Mahindra automaker achieved a remarkable milestone by becoming the 11th largest automaker in the world by market capitalization, reaching USD 43.12 billion. The global ranking was led by Tesla with a staggering market capitalization of USD 1.23 trillion, followed by Toyota at USD 233.26 billion and BYD at USD 107.52 billion. Among Indian automakers, Maruti Suzuki India also featured on the list, securing the 13th position with a market cap of USD 41.81 billion.

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History of this topic

Mahindra ranked among top 1% in S&P Global's 2025 Sustainability Yearbook
1 week, 2 days ago

Mahindra ranked among top 1% in S&P Global's 2025 Sustainability Yearbook

Deccan Chronicle  

Mahindra & Mahindra Ltd., one of India’s leading automotive companies, today announced that it has become the only car manufacturer in the world to achieve a top 1 percent Corporate Sustainability Assessment ranking in S&P Global's prestigious 2025 Sustainability Yearbook. The 2025 Sustainability Yearbook ranks the top sustainability performers across various sectors based on S&P Global's annual CSA. Moreover, very …

M&M share price jumps 4% after February sales spike 15% YoY
1 week, 6 days ago

M&M share price jumps 4% after February sales spike 15% YoY

Live Mint  

Mahindra & Mahindra share price jumped over 4% on Monday after the company reported strong wholesales for the month of February 2025. Auto major Mahindra & Mahindra reported a total sales of 83,702 units in February, registering a growth of 15% from 72,923 units sold in February last year. In the farm equipment segment, M&M said its total tractor sales …

Anand Mahindra reveals how he will handle competition from Elon Musk’s TESLA
3 weeks, 5 days ago

Anand Mahindra reveals how he will handle competition from Elon Musk’s TESLA

Live Mint  

Mahindra and Mahindra Group's Chairman, Anand Mahindra, revealed his thoughts on handling competition from Elon Musk-led electric vehicle giant Tesla in a social media post on platform X on Tuesday, February 18. Speaking confidently about his company and the brand, Anand Mahindra said, “But we’re still around.” The Elon Musk-Tesla Question Anand Mahindra was responding to a social media user, …

Anand Mahindra reveals how he will compete with Elon Musk if Tesla comes to India
3 weeks, 5 days ago

Anand Mahindra reveals how he will compete with Elon Musk if Tesla comes to India

Hindustan Times  

Anand Mahindra, the chairperson of Mahindra & Mahindra Ltd, took to social media to share his views on how his company could handle competition from Elon Musk's Tesla which may enter the Indian market soon. Anand Mahindra wrote, sharing the video of the car smoking its tires by doing donuts and slides, showcasing a surprisingly more playful side of things, …

Mahindra closes in on Tata Motors as EV sales falter
3 months ago

Mahindra closes in on Tata Motors as EV sales falter

Live Mint  

Mahindra & Mahindra has surpassed Tata Motors as India’s third-largest carmaker thrice in the second half of 2024 on new launches at a time cooling electric vehicle sales and an ageing line-up have hurt the fortunes of the Tata Group company. Tata Motors’ market share, driven by the Nexon EV, peaked at just over 14% in March but its performance …

Despite higher margins and top-line, M&M net slips 5.3 per cent to Rs 2,613 crore
7 months, 2 weeks ago

Despite higher margins and top-line, M&M net slips 5.3 per cent to Rs 2,613 crore

New Indian Express  

MUMBAI: The homegrown automaker Mahindra and Mahindra has reported a marginal 5.3 percent year-on-year fall in standalone net in the June quarter at Rs 2,613 crore despite a healthy topline growth and robust margins. The company said its market share from a revenue angle in the SUV segment rose at 21.6 percent, up 130 bps, and in tractors it retained …

Mahindra & Mahindra records sharpest intraday fall in 28 months, plunges over 7%
8 months ago

Mahindra & Mahindra records sharpest intraday fall in 28 months, plunges over 7%

Hindustan Times  

Shares of Mahindra and Mahindra fell 7.3 per cent to ₹2,711.75 on the BSE today. With this, the stock of the automobile company recorded its sharpest intraday fall in the past 28 months. In past eight months, the stock M&M has appreciated by 92 per cent and in the current calendar year 2024, it has rallied 70 per cent. Mahindra …

Anand Mahindra responds to troll who said ‘Your cars can't compete with Japanese or Americans’
10 months, 2 weeks ago

Anand Mahindra responds to troll who said ‘Your cars can't compete with Japanese or Americans’

Hindustan Times  

Anand Mahindra’s reaction to a man’s tweet stating that his cars “can't compete with Japanese or Americans in their own land” has gone viral. An X user called Anand Mahindra’s reaction to “Your cars can't compete with Japanese or Americans” post as “classy". While replying to the post, an X user, Arnav Srivastava, wrote, “Your cars can't compete with Japanese …

M&M shares jump over 5% to record high on supply deal with Volkswagen
1 year, 1 month ago

M&M shares jump over 5% to record high on supply deal with Volkswagen

Live Mint  

Mahindra & Mahindra share price rallied over 5% to a 52-week high after the company signed a supply agreement for Volkswagen components to be used in its electric vehicles. The agreement between Volkswagen Group and M&M is for the supply of components of Volkswagen’s MEB for Mahindra’s purpose-built electric platform INGLO. Mahindra plans to launch five all-electric SUVs in India …

M&M Q3: Automaker Logs Net Profit Growth Of 34 Per Cent On Strong Sales
1 year, 1 month ago

M&M Q3: Automaker Logs Net Profit Growth Of 34 Per Cent On Strong Sales

ABP News  

Automaker Mahindra & Mahindra clocked a 34 per cent jump in its consolidated profit on a year-on-year basis in its third quarter earnings on Wednesday. The vehicle sales of the firm grew 20 per cent to 2,11,443 units sold in the October-December quarter in the current fiscal year, against 1,76,094 units sold in the corresponding quarter a year earlier. At …

M&M accelerates ‘Born EV’ plans, to expedite launches
1 year, 2 months ago

M&M accelerates ‘Born EV’ plans, to expedite launches

Live Mint  

Homegrown automaker Mahindra & Mahindra is expediting its plans to launch its ground-up electric vehicles, with four brand-new electric sport utility vehicles expected to be launched by the first quarter of calendar year 2025, persons in the know told Mint on condition of anonymity. The company is looking to advance its EV launch plans as it is eager to kick-off …

We challenge OEMs to invest in India, compete with us: M&M's Anish Shah
1 year, 4 months ago

We challenge OEMs to invest in India, compete with us: M&M's Anish Shah

Live Mint  

New Delhi: As talks of an imminent import duty cut on electric vehicles intensifies, Mahindra Group managing director and chief executive Anish Shah on Friday told Mint that it would like to “throw open a challenge" to global carmakers to “invest in India and compete with us", responding to a query on how such a decision would impact domestic original …

M&M sells entire stake 3.195% in Mahindra CIE Automotive; shares rally
1 year, 9 months ago

M&M sells entire stake 3.195% in Mahindra CIE Automotive; shares rally

Live Mint  

Block deal: Auto giant, Mahindra & Mahindra on Wednesday confirmed selling 3.195% stake in a listed associate company, Mahindra CIE Automotive. Despite the stake sale Mahindra CIE's stock price skyrocketed to hit a fresh 52-week high. As per the regulator filing, M&M sold its entire stake comprising of 1,21,22,068 equity shares representing 3.195% of the paid-up share capital of CIE. …

M&M to sell 4.6% stake in Mahindra CIE via block deals: Report
2 years ago

M&M to sell 4.6% stake in Mahindra CIE via block deals: Report

Live Mint  

Mahindra & Mahindra Limited an Indian multinational automotive manufacturing corporation headquartered in Mumbai today announced to sell a 4.6% stake in Mahindra CIE via block deals. According to Trendlyne data, promoters elevated their holdings from 19.38% in the September 2022 quarter to 19.39% in the December 2022 quarter, while FII/FPI increased their holdings from 38.27% in the second quarter of …

India’s M&A activity to remain buoyant amid global slump
2 years, 1 month ago

India’s M&A activity to remain buoyant amid global slump

Live Mint  

Bengaluru: Bucking the trend globally, merger and acquisition activity in India will continue to grow at a fast clip this year, buoyed by the availability of attractive assets and a positive sentiment as an investment destination, global consultancy firm Bain & Company has said in a report. According to data from the Reserve Bank of India, aggregate foreign direct investment …

M&M Q1 profit up 67%, records highest quarterly revenue for farm, auto segments
2 years, 7 months ago

M&M Q1 profit up 67%, records highest quarterly revenue for farm, auto segments

Live Mint  

Mahindra and Mahindra reported Q1 FY23 results on Friday in which its standalone net profit rose more than 67% to ₹1,430 crore as compared to ₹855 crore year-on-year. The tractor manufacturer said that it record highest ever quarterly standalone revenue for Auto and Farm Segments during Q1 at ₹18,995 crore. Farm equipment revenue increased by nearly 26% at ₹6,689 crore …

Man asks Anand Mahindra about his opinion on competitor Tata Motors. His reply is viral
2 years, 8 months ago

Man asks Anand Mahindra about his opinion on competitor Tata Motors. His reply is viral

India Today  

Industrialist Anand Mahindra shared that the presence of a competitor like Tata Motors in the market only inspires Mahindra Group to do better. And my passion can be taken for granted, but it springs directly from the entire auto team, who, in fact, are called #Passioneers https://t.co/9aIUQ7f4Qi — anand mahindra July 9, 2022 A user in the comments section asked, …

Struggling with hard decisions? Anand Mahindra on how to see the ‘big picture’
2 years, 11 months ago

Struggling with hard decisions? Anand Mahindra on how to see the ‘big picture’

Live Mint  

It is a widely believed notion that when dealing with making hard decisions in life, taking inspiration from nature might is the way to go. The tech savvy Mahindra took to Twitter on Tuesday to share that it really helps to imagine you’re on top of Everest with an unobstructed view of the world and how doing this helps one …

Anand Mahindra reacts after watching the ‘gentle’ side Ajay Devgn in latest ad
3 years ago

Anand Mahindra reacts after watching the ‘gentle’ side Ajay Devgn in latest ad

Live Mint  

Bollywood actor Ajay Devgn after doing dangerous stunts during an ad shoot for Mahindra trucks has done another shoot for Mahindra's Supro minitruck. In the new ad, the Bollywood actor plays a more gentle role and it is this on which the Chairman of Mahindra group Anand Mahindra tweeted,"thanks for endorsing this Father’s support of his daughter on #InternationalWomensDay @ajaydevgn …

Anand Mahindra Thanks Employees As Auto Brand Completes 76 Years in India
3 years, 5 months ago

Anand Mahindra Thanks Employees As Auto Brand Completes 76 Years in India

News 18  

In a tweet today, Anand Mahindra congratulated his company and employees for completing 76 years of operation. In his tweet, Anand Mahindra said “On October 2nd, 1945, a startup company received its registration & the Mahindra Group was officially born. But we see that as inspiration for how we must conduct ourselves & what we must aspire to" “Today, I …

M&M to invest ₹ 3,000 crore on electric vehicle business in next 3 years
3 years, 11 months ago

M&M to invest ₹ 3,000 crore on electric vehicle business in next 3 years

The Hindu  

Mahindra & Mahindra Ltd will put in fresh investments to the tune of ₹ 3,000 crore on its electric vehicles business in the next three years, while it looks for more alliances and partnerships in the vertical, according to a top company official. "So, for EVs we are going to invest Rs 3,000 crore additional to what we have talked …

Mahindra takes the wheel of Ford’s India business
5 years, 5 months ago

Mahindra takes the wheel of Ford’s India business

Live Mint  

Mumbai: Ford Motor Co. will cede control of most of its India operations to Mahindra and Mahindra Ltd, underscoring the US company’s long-drawn struggles to make a bigger dent in the world’s fourth-largest automobile market. Ford will transfer its entire business in India, barring an engine plant in Sanand, Gujarat, and its Chennai-based Global Business Services unit, to a new …

Mahindra and Mahindra's sales fall 25% in August
5 years, 6 months ago

Mahindra and Mahindra's sales fall 25% in August

India TV News  

Homegrown auto major Mahindra and Mahindra on Sunday reported a 25 per cent fall in total sales to 36,085 units in August. In the domestic market, sales were down 26 per cent to 33,564 units last month, compared to 45,373 units in August 2018. In the passenger vehicle segment, which includes utility vehicles, cars and vans, the company sold 13,507 …

A Mahindra-Ford SUV is in the works for India and emerging markets
5 years, 10 months ago

A Mahindra-Ford SUV is in the works for India and emerging markets

Live Mint  

New Delhi: American auto maker Ford Motor Co. and Mahindra and Mahindra Ltd, the country’s third largest vehicle manufacturer, will jointly develop a mid-sized sports utility vehicle for India and other emerging markets, the firms said on Thursday. The Ford partnership gives Mahindra the much-needed technological know-how in developing petrol engines and electric vehicles, besides offering connected solutions for passenger …

Mahindra & Mahindra, Ford Motor sign three-year pact for electric vehicles, product development
7 years, 5 months ago

Mahindra & Mahindra, Ford Motor sign three-year pact for electric vehicles, product development

Firstpost  

Mahindra & Mahindra and Ford Motor said the alliance would look at areas such as mobility programmes, connected vehicle projects, electrification and product development. New Delhi: Mahindra & Mahindra and Ford Motor Company on Monday inked a pact to explore a strategic alliance covering areas like product development, electric vehicles and distribution in India and abroad. The companies said their …

America is our emerging market: Anand Mahindra
10 years, 6 months ago

America is our emerging market: Anand Mahindra

Firstpost  

Speaking on the group’s ambitions, Mahindra said it was to become one of the most admired corporations or brands by 2020-21 but stated the group has not set any financial goals. Commenting on the expansion of the tractor business in developed markets, Mahindra said: “I call America our emerging market, they find it very amusing when I said that. We …

Mahindra's growth in South Africa boosted by new models
11 years, 4 months ago

Mahindra's growth in South Africa boosted by new models

India TV News  

JOHANNESBURG: Mahindra South Africa has said it has positioned itself to continue as a fast growing automotive brand in the country with the launch of two new models in the first quarter of 2014. “Since the last show here two years ago, Mahindra has grown by about 150 per cent,” MSA chief executive Ashok Thakur said at the 2013 Johannesburg …

10 interesting facts about Anand Mahindra
11 years, 7 months ago

10 interesting facts about Anand Mahindra

India TV News  

New Delhi: Anand Mahindra, chairman and managing director of Mahindra group, is an outstanding example of what a businessman should be – patient, generous, ethical, innovative and inclusive. His strong business acumen and global dreams have led the Mahindra Group overcome various obstacles to create tremendous wealth and value. He received the outstanding business leader year of the award at …

M&M net up 44% on volumes, Anand Mahindra new CMD
12 years, 9 months ago

M&M net up 44% on volumes, Anand Mahindra new CMD

Firstpost  

An exceptional gain and strong volume growth by its tractor and car businesses have helped the company post strong results. Mahindra & Mahindra Ltd, India’s biggest utility vehicles maker, reported a better-than-expected 44 percent rise in quarterly profit, helped by an exceptional gain and strong volume growth by its tractor and car businesses. Mahindra, one of the world’s biggest tractor …

M&M Plans IT Acquisitions In UK, Europe: Report – Firstpost
13 years, 6 months ago

M&M Plans IT Acquisitions In UK, Europe: Report – Firstpost

Firstpost  

Mumbai-based Indian industrial giant Mahindra and Mahindra plans to make acquisitions in Britain and in Europe to bolster its software and outsourcing business, a report has said. Anand Mahindra, the group’s managing director told ‘The Times’ that the group was seeking acquisitions to strengthen Mahindra Satyam’s access to the European market. Mahindra is looking at IT companies specialising in health-care …

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