Mahindra & Mahindra has announced that they will inspect and rectify XUV700 units manufactured between June 8, 2021, and June 28, 2023, along with 3,560 XUV400 vehicles manufactured between February 16 to June 5 of this year. The company stated that they will contact the customers who are using the mentioned models for inspections and subsequent rectifications, which will be carried out free of cost.
Mahindra & Mahindra has been fined over INR 14.3 lakh (USD 20k) for taking incorrect input tax credit during the transition to the GST regime by Mahindra Vehicle Manufacturers, which has since been merged into it. The company is hopeful of a favourable outcome at an appellate level, as it does not expect the order to have any significant financial impact, M&M said in a regulatory filing.
The exercise, which is understood to be in the early stages, will involve separating the electric vehicle, tractor and passenger vehicle (PV) businesses into three independent companies via a demerger process, said people in the know of the plan. Currently, these are housed under Mahindra & Mahindra as separate divisions.
Automotive Component Manufacturers Association Of India (ACMA) President Deepak Jain said incidents such as these only precipitate the need for localisation and self-reliance in auto electronics in the country.
The Scorpio with Intelli-Hybrid is available at a starting price of Rs. 9.35 lac for the S4 model* and will be on sale with immediate effect. Being a mild hybrid, the Scorpio will be sold with a concessional Value Added Tax (VAT) of 5% in Delhi which translates into a benefit of Rs. 60,000 to Rs. 90,000 for the customer, depending on the variant purchased.
PV Sindhu became the first Indian woman to win an Olympic silver medal, while Sakshi earned the distinction of becoming the first Indian female wrestler to win a medal, bronze in her case.
Jeep models that will take on the likes of Maruti Suzuki Vitara Brezza, Hyundai Creta and Mahindra XUV.
With an aim to modernise police force and to increase their operational capability for combating crime in urban areas of the state, Deputy CM Sukhbir Singh Badal would be launching the second phase of this plan from Ludhiana on Friday. Under this plan, the state government had sanctioned funds amounting to Rs 10 crore for the purchase of 150 Maruti Ertiga vehicles for police.
Anand Mahindra chose Thar to represent the tough style of the game as well of the players. What started with #TharforSakshi, continued with #TharforSindhu.
The compact SUV with electric powertrain has been codenamed S107, said people with knowledge of the matter. After the Verito electric version, this is the company’s next major project in the space.
The Mountain Trail involved Mojo owners riding the motorcycle through some of the most challenging terrains in India over a period of 15 days.
The revenue, for the quarter talked about, stood at Rs 11,961 crore, reporting an increase of 14 percent. Total vehicles sold during the period for both M&M and MVML stood at 1,10,959 units, up 9.7 percent.
The step is likely to take place in a couple of months and Mahesh Babu, the Chief Operating Officer (COO) of Mahindra Reva is to fill up Mathew's post.
“We will have a substantial market by 2020 in India. Companies are already investing in infra, battery makers are looking towards India, so fairly bullish about the prospects."
Just like its manual offering, the XUV500 automatic gets these features in its range-topping, W10 version. With the addition of these features, the top-end XUV500 automatic will now have request buttons on the front door handles.
What makes this even more exciting is the association with youth icon and avid biker Ranvijay Singh and ace filmmaker Nagesh Kuknoor, who will be joining this trail for the Chandigarh to Leh leg.
Mahindra Reva, the Mahindra-owned manufacturer of e2o electric hatchback, will be launching two new vehicles by the end of this year, said a senior official of the company
“Permits will be liberalised for e-vehicles in these categories. The number of e-vehicles in the segments can go up as high as 25-30%... in the next few years,” said an official.
This exciting venture represents Mahindra Partners’ first significant investment in the US and we are optimistic that the team at Scoot Networks will suitably expand and develop this unique sharing model into a globally successful concept.
The homegrown manufacturer introduced the motor with the manual transmission only in the XUV500 and the Scorpio. However, the automatic transmission is not introduced in the Scorpio, but it too is expected to feature the gearbox in the near future.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Durgashankar Subramaniam | 44713 | durgashankar@yahoo.com | Director | 27 Apr,2016 |
| Rahul Durgaprasad Asthana | 234247 | asthanarahul2004@yahoo.com | Director | 31 Mar,2015 |
| Parag Chandulal Shah | 374944 | paragcshah09@gmail.com | Director | 02 May,2017 |
| Rajan Wadhera | 416429 | rajanwadhera1@gmail.com | Director | 28 Apr,2017 |
| Pawan Kumar Goenka | 254502 | goenka.pawan@mahindra.com | Director | 25 May,2007 |
| Vijay Kalra | 7217974 | kalra.vijay@mahindra.com | Wholetime Director | 26 Jul,2017 |
| Smita Piyush Mankad | 2009838 | smita.mankad@gmail.com | Director | 31 Mar,2015 |
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