Maruti, Honda, Ford July sales up; Tata Motors, M&M struggle
New Delhi: Car makers Maruti Suzuki, Honda and Ford reported increase in July sales, while others including Tata Motors, M&M, Toyota and General Motors continued to struggle. Maruti Suzuki India
M&M to expand businesses in Sri Lanka; to launch 2-wheelers
Diversified conglomerate Mahindra & Mahindra is embarking on a major expansion drive for its range of businesses in Sri Lanka, the largest vehicle export market for the group, by foraying into two-whe
Maruti's August domestic sales skid, Hyundai, Tata see growth
Domestic car sales of Maruti Suzuki India declined by 35 per cent in August, hit by a month-long lockout at its Manesar plant, but the other two main players, Hyundai and Tata Motors posted positive g
Govt probes anti-competitive practices by car makers
The Competition Commission of India (CCI) is investigating anti-competitive practices by car makers, the government said on Thursday, without naming the companies in question.
The CCI had received in
M&M beats Q1 profit estimate as car sales jump
Mahindra & Mahindra, India's biggest utility vehicle manufacturer, posted a better-than-expected 20 per cent rise in quarterly profit as strong demand for its sporty cars offset sluggish sales at its
Drought sparks fears for tractor sales
Tractor maker Mahindra & Mahindra shares fall 1.7 per cent as the growing likelihood of a drought in India threatens to hit rural sales.
Mahindra & Mahindra already saw tractor sales fall 2.4 per cen
Smaller Verito by year-end, looking to beat industry growth: M&M
Auto major Mahindra & Mahindra plans to launch the smaller version of its sedan Verito by the end of 2012 as it looks to beat industry growth in fiscal 2013 and build on good sales witnessed so far th
Car makers post lacklustre May sales
India's top car makers posted lacklustre sales in May as an excise tax hike and rising fuel prices hit demand, casting more gloom over the country's economic outlook.
Car makers are struggling to hit
Keshub to retire as Chairman of M&M; Anand to take over
Homegrown farm equipment to aerospace major, Mahindra & Mahindra on Wednesday said its Chairman Keshub Mahindra will retire in August and his nephew Anand Mahindra will take over as Chairman and Manag
M&M Q4 net up 44 per cent, beats forecast
Mahindra & Mahindra Ltd, India's biggest utility vehicles maker, reported a forecast-beating 44 per cent jump in quarterly profit, helped by an exceptional gain and strong volume growth in the face of