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Saturday, February 22, 2020

Mahindra and Mahindra

MAHINDRA AND MAHINDRA NEWS

Mahindra & Mahindra posts 1 per cent rise in auto sales in December

January 01, 2020 5:41 pm

In a regulatory filing, M&M, a part of the USD 20.7 billion Mahindra Group, said domestic auto sales came at 37,081 units in December as compared to 36,690 vehicles sold a year back.

Mahindra & Mahindra shares fall nearly 1 per cent

December 20, 2019 5:51 pm

M&M on Friday announced a rejig of its top management with Anand Mahindra, 64, transitioning to the role of non-executive chairman from executive chairman, effective April 1, 2020.

Anand Mahindra to step down as Mahindra group executive chairman from April 1

December 20, 2019 3:37 pm

Mahindra, 64, will be serving as a mentor and sounding board for the Managing Director on issues to be presented to the Board, particularly in areas of strategic planning, risk mitigation and external interface, the company explained.

Consumer Forum directs Mahindra’s Panchkula dealer to replace KUV100 or refund Rs 4.30L for not delivering latest vehicle

October 30, 2019 6:08 am

After hearing the arguments, the forum held that the genuineness, as well as the accuracy of the details pertaining to the model of the vehicle as contained in Vahan software, could not be doubted.

Mahindra & Mahindra total sales down 21% to 43,343 units in September

October 01, 2019 1:54 pm

In the domestic market, sales were down 21 per cent at 40,692 units last month as compared to 51,268 units in September 2018.

Mahindra & Mahindra extends plant shutdown by 3 days

September 14, 2019 2:27 am

Retail sales continue to be in the slow lane, leaving dealers saddled with high inventory, while company stockyards are also short of space. This has reduced dealers’ ability to take further stock, prompting manufacturers to shut down plant and cut production.

To tide over slump, M&M offers cars on rental basis

September 13, 2019 2:34 am

On its part, M&M will service the vehicles as and when required, with the charges being borne by Revv.

Tata Motors MD draws over 2-times more salary than Mahindra & Mahindra's in FY19

July 21, 2019 1:20 pm

Tata Motors said Butschek's remunerations included performance bonus and long-term incentive plan of Rs 9.23 crore and retirement benefits of Rs 32,02,494.

India's electric vehicle adoption turns Tesla's model on its head

January 12, 2018 6:02 pm

Electric vehicles will enter India through public transport systems, in contrast to industry leader Tesla's model, that initiated the system with high-end models.

Digital payments will be permitted for charging electric vehicles, hybrids

November 27, 2017 2:12 pm

Electric car users will be permitted to pay for charging of their electric vehicles through digital means, following the government accepting the recommendations of an expert committee.