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.
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.
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.
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.
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.
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.
Indian automakers expect passenger- car sales growth to slow from the fastest pace in at least six years because of higher prices and rising interest rates.
India’s car sales growth will probably slow by half this year as new emissions rules push up vehicle prices and interest rates increase.
Mahindra & Mahindra Ltd. , India’s largest maker of sport-utility vehicles and tractors, fell the most in almost four months in Mumbai after fourth-quarter profit lagged behind analysts’ estimates.
"SUVs grew a lot last year as the industry caught up with the global trend."
- Pawan Goenka on May 30, 2013