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Mahindra Aims To Sell 1 Lakh Used Cars

22. February 2010

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Mahindra Aims To Sell 1 Lakh Used Cars

Mahindra is looking to expand its used car business with plans to sell one lakh units every year by 2015, for which it will ramp up its outlets to 500 stores by 2015 from the existing 114 outlets. While most of the stores would be opened by franchisee partners, about 20 outlets would be company-owned [...]

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Mahindra To Launch Private Aircraft

21. January 2010

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4 wheelers, 2 wheelers, trucks and now airplanes! Mahindra is on a roll. Their Aerospace division is readying a prototype of a small private aircraft built in collaboration with state-owned National Aerospace Laboratories (NAL). The five-seater, turbo-prop aircraft, NM5-100, will be flown by March. Its first flight was earlier scheduled in mid-2009. Mahindra has earlier [...]

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Mahindra Hikes Vehicle Prices

20. January 2010

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Mahindra has raised the prices of the Scorpio by Rs. 6,400-9,300/-, Xylo by Rs. 4,600/- and the Bolero by Rs. 4,800/-. Primary reason for hike is the rise in prices of the inputs required to make vehicles. The price rise will be applicable on 2010 models.

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Mahindra World SUV Launch In 2011

13. January 2010

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Contrary to popular belief, Mahindra will launch the world SUV (pictures can be seen here) only next year and will be exported to the US. The company is investing Rs. 700-800 crore to develop the product, which will fill the vacuum above Scorpio in the SUV segment. The product is being developed keeping in mind [...]

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Mahindra & Mahindra At 2010 Auto Expo

11. January 2010

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Mahindra & Mahindra had one of the biggest displays at the Auto Expo, comprising of its 2 wheeler (read more here), 4 wheeler and Navistar truck division. We won’t say much and will let the pictures do the talking.

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Mahindra Navistar At 2010 Auto Expo

11. January 2010

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Mahindra Navistar was present with its new range of trucks at the 2010 Auto Expo. The company is not just serious about selling trucks and buses in the Indian market but also intends on selling engines to third parties by the end of next year.

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Mahindra To Launch Navistar & Maxximo

31. December 2009

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Mahindra will showcase their entire product portfolio at the 2010 Auto Expo. The company’s range of vehicles includes two wheelers, Utility vehicles, Sports Utility Vehicles, Light Commercial Vehicles & Trucks. The company will unveil its next generation mini truck Maxximo at the event. The first product to be rolled out of Mahindra’s new plant at [...]

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Mahindra Targets Sale Of 1 Lakh Used Cars

17. November 2009

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Mahindra Firstchoice has set a target to sell one lakh used cars by 2014. The company, with its 60 outlets (expected to be 300 by 2014) across the country, has sold 10,250 used cars last year and expected to sell 18,000 cars this year, of which over 9,000 have already been sold. The company had recently opened [...]

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Mahindra Launches Gio Compact Truck

28. October 2009

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Mahindra has launched India’s first 4 wheel 0.5 ton Compact Truck, the Gio. The vehicle targeted at the cargo commercial vehicle segmentis priced at Rs. 1.65 lakh, (ex-showroom) for the BSII version and Rs. 1.68 lakh for the BSIII version. The Gio is powered by a 9.1 HP Kohler engine from Kohler, USA and is [...]

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Mahindra Building All New SUV From Scratch

16. October 2009

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Mahindra is working on building an all-new SUV from scratch with an eye on foreign markets. The utility vehicle manufacturer will invest Rs 700-800 crore in the new product that is expected to be out before the next fiscal-end. While naming the product under development as Global SUV, Mahindra feels the new SUV has a [...]

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