Company: Mahindra Category: Company News

The announcement is part of aligning the company's production with sales requirements.
Sept. 16, 2019, 8:30 a.m.

Mahindra & Mahindra on Friday said it will suspend production at its automotive manufacturing plants in the ongoing quarter, ranging between 8-17 days, in order to adjust production with sales requirements. The company had earlier said in August that it would be observing no production days for 8-14 days across its automotive sector plants in the July-September quarter. The home grown auto major would suspend production for three additional days during the quarter as compared to the disclosure made on August, 9, 2019, Mahindra & Mahindra said in a regulatory filing. Besides, the company said it will observe no production days in the farm equipment sector ranging between 1-3 days by end of this month. "The management does not envisage any adverse impact on availability of vehicles in the market due to adequacy of vehicle stocks to serve the market requirements," it added. Earlier this week, Hinduja Group flagship firm Ashok Leyland had announced 16 non-working days at its ...
Sept. 13, 2019, 8:10 p.m.

Joins automakers Tata Motors, Volkswagen, Nissan in launching services on select models
Sept. 12, 2019, 10:39 p.m.

Home-grown auto major Mahindra & Mahindra rolled out on Thursday a subscription-based service for retail buyers of its personal range of vehicles to boost plummeting demand. The vehicles under the scheme, which has initially been launched for its customers in Delhi (NCR), Mumbai, Pune, Bengaluru, Hyderabad, Kolkata, Chandigarh and Ahmedabad, will be available at a subscription price starting from Rs 19,720 per month, the company said in a release. The scheme covers models like KUV100, XUV500, XUV300, Scorpio, TUV300, Marazzo and Alturas G4, which will be available for a period of one to four years in case of a new car, it said. We are introducing an all-new subscription model for retail customers of our personal vehicles. With this flexible, affordable offering, we hope to help our customers fulfill their aspiration of driving their desired vehicles without necessarily owning them," said Veejay Ram Nakra, chief of sales and marketing for the automotive division at ..
Sept. 12, 2019, 3:55 p.m.

Infosys, Tech Mahindra and Reliance Industries are batting for the bulls, while HDFC twins, Sun Pharma and Yes Bank are among top losers.
Sept. 6, 2019, 9:34 a.m.

Through this agreement, Tech Mahindra will assume management of many of the applications which support AT&Ts network and shared systems.
Sept. 6, 2019, 9:29 a.m.

Through this agreement, Tech Mahindra will assume management of many of the applications which support AT&Ts network and shared systems.
Sept. 6, 2019, 8:29 a.m.

M&M has decided to defer capacity expenditure by at least 15-20 per cent in light of the slowdown
Sept. 6, 2019, 12:39 a.m.

He recalled when slowdowns happened in the past, reduction in excise duties had helped in picking up demand immediately.
Sept. 5, 2019, 5:15 p.m.

The subsidiary cos of Meru: Meru Mobility Tech Private Limited, V-Link Automotive Services Private Limited, and V-Link Fleet Solutions Private Limited will also become subsidiaries of M&M.
Sept. 3, 2019, 11:27 a.m.