Car News in India

The Bombay High Court has dismissed a Writ Petition filed by M/s Zenith Metaplast against MIDC, Mahindra & Mahindra Limited and others. As per the statement released by M&M,Zenith Metaplast had sought allotment of a three acre plot in Nashik to itself and cancellation of adjacent plots allotted to Mahindra & Mahindra Ltd. and industrialist, Abhay Kulkarni. See More  Continue Reading

Mahindra and Mahindra, which is country’s most famous SUV producer, congratulated the 2012 London Olympics Bronze Medal winner, MC Mary Kom with its muscular and sporty SUV, Mahindra Bolero. This SUV signified the alliance of the two strappy and powerful entities, which has the spirit to ‘Take on Anything’. Mahindra Bolero, which is specially built to drive on the rough and rugged Indian terrains and to take on the extreme weather conditions here. This SUV has been on the number one position since....  Continue Reading

Two Mahindra SUVs have been iconic for the homegrown SUV maker Mahindra. These are Mahindra Bolero and Mahindra Scorpio. Recently, the Bolero SUV managed to reach the sales of over 1 lakh units in the year 2011-2012. This is a grand success for the car that has now taken various styles catering to the utility and people mover needs. No doubt, after the Mahindra Jeep, Bolero became the heartthrob of the rural India. As per the information,....  Continue Reading

India’s prominent SUV car maker, Mahindra and Mahindra recently announced that its flagship SUV, Mahindra Bolero managed to sell a whopping 100686 units of Bolero in 2011-12. These figures are the highest annual sales even in the history of M&M. Last month; the firm sold about 10026 units of Mahindra Bolero, which are also the highest month sales ever by far for Mahindra and Mahindra.    Continue Reading

The Indian utility car maker, Mahindra & Mahindra has announced that its Bolero MPV has attained a new benchmark with the total sales of 1,00,686 units in fiscal year 2011-12. This is the highest sales stats for Bolero since it has been launched in India. Bolero has proved to be the best selling MUV for the 6th consecutive year registering sales stats of over 1 lakh units in FY 2011- 12 which is quite higher than 83,112 units sales in fiscal year 2010-11. With this new record the Bolero has registered growth of....  Continue Reading

In India every automobile manufacturer was betting on the festive season this October, in order to get rid of the continuous slowdown. The festive season and October month both are now history and it’s time for the assessment of sales made in the carnival. The final report reveals that the overall car sales in the auto sector saw a collapse to the lowest point this October in comparison to the same month in 2010; although some carmaker observed a strong growth. The king of passenger cars in the country; Maruti Suzuki India (MSI) saw....  Continue Reading

Mahindra group, one of the most versatile Industrial organizations in the Indian market, said on Thursday that it feels that the new competition act may slow down the volume of Mergers & Acquisition (M&A) in the Indian market. It is to be mentioned here that Mahindra have been in a number of M&A activities in last few years. The firm has already snapped-up as many as 28 assets of worth over USD 1.8 billion. In a statement given at the 5th Annual CFO India Forum of Mahindra Group, Vice-president for Mergers &....  Continue Reading

Mahindra & Mahindra, one of the largest automakers in the country, on Thursday launched the all new version of its largest selling sports utility vehicle – Mahindra Bolero in the Indian auto market. The New Mahindra Bolero carries a price tag of Rs 6.19 lakhs (ex-showroom Delhi). Interested buyers can book the new Bolero at any dealership of M&M across the country. The new Bolero is powered by a 2.5L M2Di diesel engine, which is not only better in....  Continue Reading

The country’s largest utility vehicle maker Mahindra & Mahindra has surpassed the homegrown auto giant Tata Motors as per the market value in Friday. M&M has now become the biggest auto maker in the country as far as market capitalization is concerned. As per the market reports on Friday, while the market capitalization of the Tata Motors dipped to Rs 38,402 crore, the same of Mahindra & Mahindra surged to Rs 44,150 crore. With this decline in the market value, Tata....  Continue Reading