Electric journey helps Tata Motors, Mahindra become first to win auto PLI
Trending News
1 week ago

Electric journey helps Tata Motors, Mahindra become first to win auto PLI

Live Mint  

Tata Motors Ltd and Mahindra and Mahindra Ltd on Thursday became India's first automakers to secure production incentives for the automotive sector, marking a key moment for the scheme that had a tepid start. The two companies have received approval for claims worth ₹246 crore under the Production-Linked Incentive Auto scheme, the heavy industries ministry said. Read this | Why India’s auto PLI is yet to pick up after two years Mahindra and Mahindra's Last Mile Mobility business won approval for incentives based on sales of its electric three-wheelers, while Tata Motors received the same for the Tiago EV electric car, Starbus EV electric bus, and electric cargo vehicle Ace EV. Read this | FAME slows down, auto PLI in fast lane Tata Motors had sought incentives worth ₹ 142.13 crore and Mahindra & Mahindra claimed ₹ 104.08 crore, based on their determined sales values for FY24, the ministry statement said.

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History of this topic

Auto stocks surge up to 7% on robust December sales; Eicher Motors leads the rally
Trending News
1 week ago

Auto stocks surge up to 7% on robust December sales; Eicher Motors leads the rally

Live Mint  

Stock market today: Indian auto stocks experienced strong demand in today's trading session, as investors responded positively to the December sales data, particularly strong numbers from the PV segment, prompting brokerages to maintain a positive outlook on the sector. In terms of PV sales, Maruti Suzuki led in 2024 as the country's leading car manufacturer sold 178,248 car units in …

Mahindra & Mahindra records 16% increase in December sales; PV sales up 22% and SUV up 18%
1 week, 1 day ago

Mahindra & Mahindra records 16% increase in December sales; PV sales up 22% and SUV up 18%

Live Mint  

Mumbai, January 1 : Automotive company Mahindra & Mahindra witnessed a 16 per cent increase in overall automotive sales, with 69,768 units in December, the company stated on Wednesday in its exchange filing. In the utility vehicle segment, the company sold 41,424 vehicles in the domestic market, a growth of 18 per cent and overall, 42,958 vehicles, including exports. Mahindra's …

Mahindra closes in on Tata Motors as EV sales falter
3 weeks, 3 days 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 …

M&M to sell EVs through existing sales network to offer all choices under one roof
1 month, 1 week ago

M&M to sell EVs through existing sales network to offer all choices under one roof

Live Mint  

New Delhi, Dec 1 Mahindra & Mahindra will utilise its existing sales network to sell its electric vehicle range as the automaker looks to offer all the choices to customers under one roof, according to a top company executive. The Mumbai-based automajor, which sells models like Thar and Scorpio, has now expanded its electric vehicle range with the launch of …

Mahindra bets on premium electric SUVs to boost market share
1 month, 1 week ago

Mahindra bets on premium electric SUVs to boost market share

Deccan Chronicle  

With its smaller SUV, Mahindra will enter India's fast-growing compact SUV market, which grew nearly 20% in the first six months of the current fiscal year and is dominated by Hyundai's Creta SUV and Toyota's Urban Cruiser Hyryder SUV. Mumbai-based Mahindra, second largest SUV maker in volumes, introduced the smaller sporty BE 6e and luxurious XEV 9e electric SUVs priced …

India’s PLI Auto scheme sees modest start with ₹500 crore claims in FY24, industry anticipates surge by FY26
1 month, 3 weeks ago

India’s PLI Auto scheme sees modest start with ₹500 crore claims in FY24, industry anticipates surge by FY26

Live Mint  

The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification. The PLI scheme, which covers both automakers and component makers, was designed to stimulate production in advanced automotive and EV sectors by providing financial incentives …

Mahindra to Ramp Up Thar Production, Net Profit Up 13% to Rs 3,841 Crore
Trending News
2 months ago

Mahindra to Ramp Up Thar Production, Net Profit Up 13% to Rs 3,841 Crore

Deccan Chronicle  

Pune: Mahindra & Mahindra, the SUV specialist, on Thursday said it is confident of doing better than the industry growth rate, and emphasized its earlier sales growth target of mid to high teens during the media interaction with journalists after the September quarter results on November 7. "Our SUV sales volumes increased by 18 per cent YoY, maintaining leadership in …

Mahindra & Mahindra Q2 net profit rises 35% to ₹3,171 crore
2 months ago

Mahindra & Mahindra Q2 net profit rises 35% to ₹3,171 crore

The Hindu  

Mahindra & Mahindra Ltd reported 35% growth in consolidated net profit at ₹3,171 crore for the second quarter ended September 30, 2024, as compared with ₹2,348 crore in the year-ago period due to strong performance of all its businesses. Services business delivered 1.8 times net profit as compared to the year ago period, the company said. The auto business reported …

M&M Q2 results: Net profit rises 35% to ₹3,171 crore, revenue up 10% YoY
2 months ago

M&M Q2 results: Net profit rises 35% to ₹3,171 crore, revenue up 10% YoY

Live Mint  

Mahindra & Mahindra Ltd on Thursday, November 7 reported a 35% year-on-year jump in its consolidated net profit to ₹3,171 crore for the second quarter of FY25. Meanwhile, the auto major's consolidated revenue from operations grew 10% YoY to ₹37,689 crore in Q2 FY24 from ₹34,281 crore in Q2 FY24. Automobile Segment Mahindra’s Auto segment revenue in Q2 FY25 grew …

Mahindra may join hands with global players for battery production in India: MD Anish Shah
6 months, 3 weeks ago

Mahindra may join hands with global players for battery production in India: MD Anish Shah

Hindustan Times  

Mahindra Group is looking for partnerships with global players for local production of battery cells in order to cater to expected increase in demand for electric vehicles in the future, according to a top company executive. The logo of Mahindra & Mahindra is seen on a car at a showroom in Mumbai In an interaction with PTI, Mahindra Group MD …

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%
8 months, 3 weeks ago

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%

Live Mint  

India's Tata Motors is planning to import its Jaguar Land Rover luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, according to a Reuters report. Import duties on some EV models have been slashed from as high as 100 percent to just 15 percent, provided the carmaker invests at …

Carmakers post higher March sales, end fiscal 2024 at record levels
9 months, 1 week ago

Carmakers post higher March sales, end fiscal 2024 at record levels

Deccan Chronicle  

Top car makers in India such as Maruti Suzuki, Hyundai Motor, Tata Motors, Mahindra & Mahindra and Toyota Kirloskar Motor reported higher car sales in March and the automakers ended fiscal 2024 with record sales figures, monthly data from the companies showed on Monday.Every month, automobile makers release wholesale from their factory gates to dealers.The auto sector carries more than …

Mahindra Q3 profit after tax up 34%
10 months, 3 weeks ago

Mahindra Q3 profit after tax up 34%

New Indian Express  

MUMBAI: Mahindra & Mahindra on Wednesday reported a 34 per cent increase in its consolidated profit after tax at Rs 2,658 crore for the third quarter ended December 31, 2023, driven by robust sales across verticals. The auto major had reported a profit after tax of Rs 1,984 crore for the October-December quarter of the last financial year. Revenue increased …

Mahindra & Mahindra Q3 net profit surges 60 per cent YoY to Rs 2,454 crore, revenue rises 16 per cent
10 months, 3 weeks ago

Mahindra & Mahindra Q3 net profit surges 60 per cent YoY to Rs 2,454 crore, revenue rises 16 per cent

India TV News  

Mahindra & Mahindra, the manufacturer of the 'Scorpio' SUV, reported a smaller-than-expected increase in third-quarter profit on Wednesday. The standalone profit after tax for Mahindra & Mahindra rose by 60.6 per cent to Rs 2,454 crore in the three months ending December 31. Farm has gained market share despite tough market conditions," M&M Managing Director & CEO Anish Shah said. …

Auto makers start 2024 on high note, report growth in January sales
11 months, 1 week ago

Auto makers start 2024 on high note, report growth in January sales

Hindustan Times  

Automobile makers in the country started the New Year on a positive note with most players across segments reporting higher sales volume in January compared to the same month last year. Maruti Suzuki India's total vehicle sales increased by 15.5 per cent at 1,99,364 units in January from 1,72,535 units in the same month last year, the company said in …

M&M accelerates ‘Born EV’ plans, to expedite launches
1 year 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, 1 month 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 …

Mahindra Q1 results: Net profit rises 98%, revenue jumps 23%
1 year, 5 months ago

Mahindra Q1 results: Net profit rises 98%, revenue jumps 23%

India Today  

Homegrown auto major Mahindra & Mahindra today reported a growth of 98% year-on-year in standalone net profit at Rs 2,774 crore for the quarter ended June 2023 owing to handsome volumes in both auto and farm sectors. Category Q1 FY24 Q1 FY23 Growth Revenue from operations Rs 24,368 cr Rs 19,813 cr 23% Ebitda Rs 3,547 cr Rs 2,422 cr …

Tata Motors retains dominance in SUV segment with popular models - Nexon, Punch, Harrier and Safari
1 year, 9 months ago

Tata Motors retains dominance in SUV segment with popular models - Nexon, Punch, Harrier and Safari

India TV News  

Tata Motors, country's major domestic automaker, has maintained its dominance in the rapidly expanding sports utility vehicle market due to the rising demand for its best-selling Punch and Nexon models from the previous fiscal year. The industry estimates state that Mahindra & Mahindra came in second with sales of 354,712 units, while Tata Motors had a 58% increase in SUV …

How Tata Motors plans to take on Maruti
1 year, 9 months ago

How Tata Motors plans to take on Maruti

Live Mint  

In 2017, India started taking baby steps towards electrification of cars. In the first 12 to 18 months from then, we got ourselves into a position where we had the right to survive,” said Shailesh Chandra, managing director, Tata Motors. The Safari carries a price tag of over ₹25 lakh—a price nobody thought a Tata Motors car could command a …

Mahindra net profit jumps 14% to Rs 1,528 crore
1 year, 10 months ago

Mahindra net profit jumps 14% to Rs 1,528 crore

Deccan Chronicle  

Pune: Mahindra and Mahindra, the SUV specialist and tractor maker, on Friday reported a 13.5 per cent jump in its standalone net profit at Rs 1,528 crore during the December quarter, up from Rs 1,335 crore in the same quarter of the previous fiscal. The Mumbai-based automaker’s revenue from operations was up 41 per cent at Rs 21,654 crore from …

Mahindra & Mahindra Q3 Results: PAT Rises 14 Per Cent To Rs 1,528 Crore On Robust Sales
1 year, 10 months ago

Mahindra & Mahindra Q3 Results: PAT Rises 14 Per Cent To Rs 1,528 Crore On Robust Sales

ABP News  

Mahindra & Mahindra on Friday logged a 14 per cent rise in its profit after tax to Rs 1,528 crore for the third quarter ended December 2022, driven by robust sales. M&M revenue surged 41 per cent to Rs 21,654 crore for the third quarter compared to Rs 15,349 crore in the year-ago period. Tractor sales rose 14 per cent …

Mahindra to invest Rs 10,000 crore for EV manufacturing facility in Pune
2 years ago

Mahindra to invest Rs 10,000 crore for EV manufacturing facility in Pune

India Today  

Mahindra and Mahindra Limited has announced that the company’s investment towards electric vehicle manufacturing infrastructure in Pune has been approved by the Maharashtra Government. The investment of Rs 10,000 crore has been approved by the Maharashtra Government’s industrial promotion scheme for electric vehicles. Through this investment, Mahindra aims to set up a manufacturing facility for electric vehicles in Pune where …

Anand Mahindra hails PLI scheme as India produces worth ₹2.75 lakh cr mobiles
2 years, 2 months ago

Anand Mahindra hails PLI scheme as India produces worth ₹2.75 lakh cr mobiles

Live Mint  

Mahindra Group Chairman Anand Mahindra lauded the success of the PLI scheme for mobile phones. As per Mahindra's post, India produced worth ₹2.75 lakh crore mobile phones in 2021-22 which in 2016-17 stood at ₹90,000 crore. Sharing the success of India's mobile manufacturing capacity and the rise in export, Anand Mahindra wrote, "Pause & absorb what is essentially a peek …

Mahindra in talks to raise up to $500 million for EV push: Report
2 years, 3 months ago

Mahindra in talks to raise up to $500 million for EV push: Report

Live Mint  

Indian automaker Mahindra & Mahindra is in talks with global investors to raise between $250 million and $500 million to accelerate its plans to build electric vehicles, a source with direct knowledge of the matter told Reuters. Mahindra told Reuters in a statement it has committed to investing $500 million in the electric SUV space along with BII, and that …

Time ripe to enter electric 4-wheeler space, says Anand Mahindra
2 years, 4 months ago

Time ripe to enter electric 4-wheeler space, says Anand Mahindra

Hindustan Times  

With increased consumer awareness and government support in place, it is the opportune time to enter the electric passenger vehicle segment, Mahindra Group Chairman Anand Mahindra said on Monday. "Today with government support, rapid lowering of the cost of ownership and increased consumer awareness of environmental awareness issues, we believe that the time is ripe and right for us to …

Man tweets Mirzapur meme as Anand Mahindra unveils 5 electric SUVs. Industrialist's response
2 years, 4 months ago

Man tweets Mirzapur meme as Anand Mahindra unveils 5 electric SUVs. Industrialist's response

India Today  

Tesla is not coming to India, but fikar not, because Anand Mahindra is here. With an eye on gaining leadership in the electric four-wheeler segment, the Mahindra Group launched five new electric Sports Utility Vehicles on Independence Day. As the cars were unveiled on Monday, a Twitter user shared a Mirzapur meme to sum up the Indian auto major’s latest …

First EV by Mahindra their Future Plans, Everything You Should Know
2 years, 4 months ago

First EV by Mahindra their Future Plans, Everything You Should Know

News 18  

The Mahindra e2o was an electric car produced between 2016 and 2019 by Mahindra Electric for the Indian market. In 2001, Maini launched the Reva, a two-seater electric car for Indian roads. Not many know this but India’s electric vehicles journey had an early start with Bijlee, made by Mahindra & Mahindra way back in 1999. M&M today is working …

M&M Q1 profit up 67%, records highest quarterly revenue for farm, auto segments
2 years, 5 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 …

Passenger vehicle sales rise on improved chip supply
2 years, 5 months ago

Passenger vehicle sales rise on improved chip supply

The Hindu  

Improvement in semiconductor supplies helped automakers, including Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra, report single to high double-digit growth on Monday in their domestic passenger vehicles sales in July. Other manufacturers, Kia India, Toyota Kirloskar Motor, Honda Cars India, Skoda Auto India, also reported robust growth in their domestic passenger vehicle sales with the auto industry estimated …

Man asks Anand Mahindra about his opinion on competitor Tata Motors. His reply is viral
2 years, 5 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, …

Mahindra Electric to deliver over 500 e-autorickshaws under RAAHI project
2 years, 8 months ago

Mahindra Electric to deliver over 500 e-autorickshaws under RAAHI project

The Hindu  

Mahindra Electric Mobility on Friday said it will deliver over 500 Treo electric autorickshaws in the next few months for sustainable last-mile mobility in 12 cities. A total of 12 cities, including Amritsar, have been selected under the CITIIS programme, and Mahindra Electric Mobility Ltd will deliver over 500 Treo electric autos over the next few months, the company said …

Struggling with hard decisions? Anand Mahindra on how to see the ‘big picture’
2 years, 9 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 explains why ‘India makes the most two-wheelers in the world’
2 years, 9 months ago

Anand Mahindra explains why ‘India makes the most two-wheelers in the world’

Live Mint  

The tech savvy Mahindra & Mahindra chairman Anand Mahindra on Sunday took to Twitter to share why India happens to be the country to produce the most number of two-wheeler vehicles around the world. Anand Mahindra tweeted a picture of a couple travelling on their two-wheeler carrying a major load of luggage and wrote, “now you know why India makes …

Electric Vehicle Sales Pick Up Speed in February 2022; New Players Enter Market
2 years, 9 months ago

Electric Vehicle Sales Pick Up Speed in February 2022; New Players Enter Market

News 18  

With the rise in the sale of electric vehicles and buyers making the switch, many new players are trying to enter this market. A total of 2,264 electric cars were sold in February 2022, up from 434 units in February 2021. NUMBERSPEAK Tata Motors’ electric vehicle sales stood at 2,264 units in February 2022, representing a 421% increase over February …

Jeep for only ₹ 12,421 with ₹200 off, says Anand Mahindra - Good old days
2 years, 9 months ago

Jeep for only ₹ 12,421 with ₹200 off, says Anand Mahindra - Good old days

Live Mint  

Anand Mahindra, chairman of Mahindra Group Group, has shared an old Anand Mahindra, who is famous for his inspirational tweets, tweeted, “A good friend, whose family has been distributing our vehicles for decades fished this out from their archives. Aaah the good old days…when prices headed in the right direction! The Meanwhile, Mahindra and Mahindra Ltd reported a 57% jump …

Anand Mahindra reacts after watching the ‘gentle’ side Ajay Devgn in latest ad
2 years, 10 months 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 …

Tesla Did Not Apply For PLI Scheme Amid Import Duty Tussle, Indian Govt Reveals
2 years, 10 months ago

Tesla Did Not Apply For PLI Scheme Amid Import Duty Tussle, Indian Govt Reveals

News 18  

Amid the tussle between the US-based EV maker, Tesla, and the government of India regarding cuts in import duty, another development that has inched away the hopes of Indian car buffs to drive a Tesla. The PLI scheme for the auto sector focused on promoting the research, development, and production of advanced automotive technology products such as electric vehicles and …

Mahindra launches electric three-wheeler tagged at Rs 1.44 lakh
2 years, 11 months ago

Mahindra launches electric three-wheeler tagged at Rs 1.44 lakh

Deccan Chronicle  

New Delhi: Mahindra Electric Mobility on Thursday said it has launched its new electric 3-wheeler e-Alfa Cargo, priced at Rs 1.44 lakh. "The last-mile delivery segment is seeing excellent adoption of electric 3-wheelers due to significant operating cost advantages versus fossil fuel-powered 3-wheelers. We are now launching the e-Alfa Cargo e-cart in response to the customer requirements in this segment," …

Anand Mahindra Thanks Employees As Auto Brand Completes 76 Years in India
3 years, 3 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 …

Mahindra's overall auto sales at 17,447 units in May 2021
3 years, 7 months ago

Mahindra's overall auto sales at 17,447 units in May 2021

India Today  

Mahindra & Mahindra has reported a rise of 82.5 per cent in overall auto sales to 17,447 units in May 2021. The automaker's domestic PV sales increased 106.98 per cent to 8,004 units in May 2021 from 3,867 units in the same month last year. The domestic CV sales of the automaker jumped 44.13 per cent to 7,508 units in …

M&M to invest ₹ 3,000 crore on electric vehicle business in next 3 years
3 years, 8 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 & Mahindra's domestic PV wholesales jump 4 per cent in January 2021
3 years, 11 months ago

Mahindra & Mahindra's domestic PV wholesales jump 4 per cent in January 2021

India Today  

Mahindra & Mahindra today reported a growth of 4.23 per cent in domestic passenger vehicle wholesales to 20,634 units in January 2021. The domestic commercial vehicle wholesales of Mahindra & Mahindra declined 47.63 per cent to 16,229 units in January 2021 from 30,988 units in the same month last year. The exports of Mahindra & Mahindra increased 29.81 per cent …

Top Upcoming Electric Cars in India: Tesla Model 3, Model Y, Jaguar i-Pace, Tata Altroz EV & More
3 years, 11 months ago

Top Upcoming Electric Cars in India: Tesla Model 3, Model Y, Jaguar i-Pace, Tata Altroz EV & More

News 18  

Ever since the news of Tesla entering India has been out, the Indian automotive market has gone into an overdrive. We have compiled a list of the upcoming electric cars in India including the Tesla Model 3, Porsche Taycan and more- Tesla Model 3/ Model Y Probably the most important launch that will take place in 2021 will be the …

Mahindra Thar, Scorpio, Bolero, XUV300, others: Automaker's domestic PV sales rise 3 per cent in December 2020
4 years ago

Mahindra Thar, Scorpio, Bolero, XUV300, others: Automaker's domestic PV sales rise 3 per cent in December 2020

India Today  

Mahindra and Mahindra has reported a rise of 3.13 per cent in the domestic PV sales to 16,182 units in December 2020. Talking about the domestic CV sales, Mahindra and Mahindra witnessed a decline of 21.48 per cent to 16,795 units in December 2020 from 21,390 units in December 2019. The exports of the automaker jumped 2.84 per cent to …

Mahindra Announces Price Hike for Tractor Range in India from January 1, 2021
4 years ago

Mahindra Announces Price Hike for Tractor Range in India from January 1, 2021

News 18  

Mahindra & Mahindra on Monday said that it will increase prices of its tractors across models from January 1 next due to the increase in input costs. “Mahindra & Mahindra’s farm equipment sector today announced that effective January 1, 2021, the company will increase the price of its range of tractors across models. “This has been necessitated due to the …

Tata Motors Retains Third Spot Among India's Top Carmakers, Registers 108 Percent Growth
4 years, 1 month ago

Tata Motors Retains Third Spot Among India's Top Carmakers, Registers 108 Percent Growth

News 18  

Automobile major Tata Motors on Tuesday reported a 20.73 per cent rise in its total sales for November on a year-on-year basis. “Tata Motors Ltd sales in the domestic and international market for November 2020 stood at 49,650 vehicles, compared to 41,124 units during November 2019," the company said in a statement. Total passenger vehicle sales during the month under …

Mahindra Thar, Scorpio, XUV300, XUV500, others: Automaker's domestic PV sales up 24 per cent in November 2020
4 years, 1 month ago

Mahindra Thar, Scorpio, XUV300, XUV500, others: Automaker's domestic PV sales up 24 per cent in November 2020

India Today  

Mahindra and Mahindra has reported a rise of 24.42 per cent in the domestic PV sales to 18,212 units in November 2020. The domestic CV sales of the automaker slipped 4.56 per cent to 22,883 units in November 2020 from 23,977 units in the year-ago month. The exports of Mahindra and Mahindra plunged 37.58 per cent to 1,636 units in …

Tata Motors Registers 163% Sales Jump in September, Becomes Third Largest Automaker in India
4 years, 3 months ago

Tata Motors Registers 163% Sales Jump in September, Becomes Third Largest Automaker in India

News 18  

Tata Motors has announced its sales figures for Q2 FY21 as well as for the month of September and the numbers show a massive increase in sales for the Indian automaker. In comparison, during the same month last year, Tata Motors had sold 8,097 units, which means, the company saw an increase of 163% in domestic passenger vehicle sales year-on-year. …

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