Auto stocks see selling pressure; down up to 3% on Supreme Court order
Shares of Hero MotoCorp went down by 3.15 percent, Ashok Leyland lost 2.78 percent, Bharat Forge (1.30 percent), Tata Motors (0.70 percent), Mahindra & Mahindra (0.66 percent) and Maruti Suzuki (0.58 percent) on BSE.
M&M divests 7.5% Mahindra Holidays stake for Rs 274 cr
Following the sale, the shareholding of the company in MHRIL would come down from 75 percent to 67.5 percent of its share capital.
Demonetisation shaves off Rs 8k cr; recovery quicker than thought: M&M
long-term beneficial impact of demonetisation on the economy would be very much if the government was able to do what they had set out to do with the note ban.
Mahindra launches the anniversary edition KUV100 at Rs 6.37 lakh
It will be available in the top-spec K8 variant only
Mahindra & Mahindra's December sales dip 4% at 36,363 units
In the domestic market, M&M's sales were down 1.5 percent to 34,310 units last month as compared to 34,839 in the year-ago period
Ola launches Ola Play, connected car platform for ride sharing
Ola Play will be made available on Ola Prime in Bengaluru, Mumbai and Delhi for select customers and will be rolled out across other cities and to over 50,000 vehicles by March 2017
Tata Motors hikes passenger vehicle prices by up to Rs 12,000
Home-grown auto major Tata Motors has increased prices of its passenger vehicles by up to Rs 12,000 across models to offset rising input costs.
SsangYong LIV-2 SUV concept revealed ahead of Paris Motor Show debut
It’ll be the final concept of the Y400 development model
Automaker Mahindra partners ride-sharing firm Ola
Mahindra & Mahindra Ltd and Ola have formed an alliance that will see the Indian automaker earn $400 million in revenue over the next two years by selling cars and services to Ola.
SsangYong Rexton recalled in India for rear driveshaft inspection
Only vehicles manufactured on or before September 2014 will be inspected
M&M standalone net profit grows 12.36% at Rs 955.21 cr on improved vehicle sales
Company said it sold 1,10,959 vehicles during the April-June period of the current fiscal, up 9.7% from the year-ago period
M&M gives VRS to 250 workers as two-wheeler sales remain dismal
In 2015-16, Mahindra Two Wheeler saw sales declined by 12.7 percent at 133,355 units
JK Tyres acquire Cavendish Industries
JK Tyre will fund the deal with a mix of debts and internal accruals
Maruti Suzuki, Hyundai clock record annual sales, signal auto sector recovery
In March, Maruti Suzuki India's domestic sales increased by 14.6 per cent to 1,18,895 units
M&M's asset management company gets Sebi nod to start mutual fund business
At present, there are over 40 mutual fund houses operating in the country
Supreme Court upholds ban on sale of large diesel vehicles in Delhi
The Supreme Court on Tuesday upheld a temporary ban on the sale of large diesel cars in New Delhi to combat toxic smog in India's capital, but postponed hearing an industry appeal on an environmental tax that carmakers say will hit investment
M&M buys Maserati-designer Pininfarina for Rs 370 cr: Here are the key facts about the deal
M&M had expressed interest in acquiring the company in March but no agreement was signed then
Sponsored: #SeedTheRise for our farmers today, so that they can reap a better tomorrow
In order to improve the lives of these farmers who toil around the clock and 365 days a year, Mahindra & Mahindra has kickstarted an initiative -#SeedTheRise in concert with the online community.
Domestic car sales up 6% in August, bikes down 9.59%
Total two-wheeler sales in August were down 2.98 percent to 13,05,350 units as against 13,45,506 units in the same month last year.
Mahindra seeks to hike market share with upcoming TUV300
The research and development of Mahindra TUV300 has been carried out at the Mahindra Research Valley in Chennai.