Pawan Goenka News
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Mahindra & Mahindra Ltd., India’s largest maker of sport-utility vehicles, reported profit that beat analyst estimates as rising demand for SUVs boosted sales. The shares rose to a record.
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Mahindra & Mahindra Ltd., the maker of the Bolero utility carrier, is betting on the decade-old model to help it overtake Tata Motors Ltd. as India’s third- largest seller of passenger vehicles.
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Mahindra & Mahindra Ltd. , the preferred bidder for Ssangyong Motor Co. , said the South Korean automaker may introduce as many as three models within four years in a bid to return to profit.
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Mahindra & Mahindra Ltd., India’s largest maker of sport-utility vehicles, is betting on new models and giveaways such as holidays to maintain its market position and buck a slowdown in car sales.
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Mahindra & Mahindra Ltd. , India’s biggest sport-utility vehicle maker, will begin carrying out due diligence on Ssangyong Motor Co. within the next two days, as the automaker aims to expand overseas.
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Mahindra & Mahindra Ltd. , India’s largest sport-utility vehicle maker, may jointly build new cars with Ssangyong Motor Co. if it takes control of the South Korean automaker.
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Mahindra & Mahindra Ltd., India’s largest sport-utility vehicle maker, plans to introduce its XUV500 model to compete with Toyota Motor Corp.’s Fortuner in the growing premium SUV market.
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At Ssangyong Motor Co., South Korea’s third-largest maker of sport utility vehicles, just about everything that could go wrong did in the past two decades. The company switched owners four times, faced bankruptcy and suffered one of the most violent strikes in modern Korean history in 2009.
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Renault SA has found the Goldilocks spot for India’s rising middle classes with its Duster compact SUV: just big enough, safe enough and cheap enough to send sales in the South Asian country surging.
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Mahindra & Mahindra Ltd., the world’s biggest tractor maker by volume, cut its forecast for sales growth of the farm equipment in India as the worst rainfall in three years delays crop sowing.
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