Mahindra Mahindra

Auto stocks slump nearly 12% as lockdown-hit automakers score nil domestic sales in April; Index drops over 6%

Auto stocks on Monday plunged nearly 12 percent after top carmakers, including Maruti Suzuki reported zero monthly domestic sales for the first time ever in April after the nationwide lockdown halted output and shut sales network

Coronavirus Outbreak: Mahindra & Mahindra to produce high-spec ventilators priced at less than Rs 7,500 to help deal with crisis

The development comes within days after Anand Mahindra announcing that Mahindra group will offer all possible assistance to deal with COVID-19.

Coronavirus impact: Maruti, Honda, Mahindra suspend manufacturing operations; duration of shutdown depends on govt policy

Auto sector slowdown: Component maker Bosch likely to slash a few thousand jobs in India in next four years

Bosch may retrench about 10% of its 3,700-strong workforce in the administrative and management segments while it could be more than 10% of the 6,300 workers in the manufacturing level.

Maruti Suzuki, M&M post rise in domestic auto sales in December; Hyundai, Toyota witness negative growth

The country's largest carmaker Maruti Suzuki India and Mahindra & Mahindra on Wednesday reported rise in their domestic sales in December, even as Hyundai and Toyota posted negative growth

Entering commuter bike segment over a decade ago was a mistake: Mahindra

Mahindra entered two-wheelers after buying out Kinetic Motors in July 2008 and relaunched the 'Freedom' bikes under the label of 'Mojo'.

Hero MotoCorp to hike prices of motorcycles, scooters by up to Rs 2,000 from January

Two-wheeler market leader Hero MotoCorp on Monday said it will increase prices of its motorcycles and scooters by up to Rs 2,000 from January

Mahindra & Mahindra picks 36.63% in Meru in first tranche; gets right to appoint majority of directors

M&M said it "has invested an amount of Rs 44.71 crore (in cash consideration) for the acquisition of 36.63 percent of the equity share capital of Meru".

Maruti Suzuki's domestic auto sales rise in October, first time in 7 months; M&M, Toyota improve performance

Automobile manufacturers, including Maruti Suzuki India, Mahindra & Mahindra and Toyota Kirloskar Motor, on Friday reported improved sales in October driven by festive season demand amid a prolonged slowdown in the sector

Auto sector crisis deepens: Maruti Suzuki cuts production for 8th straight month in September by over 17%

Maruti Suzuki India produced a total of 1,32,199 units in September as against 1,60,219 units in the year-ago month