Mahindra & Mahindra
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M&M shares up over 5% after receiving 1 lakh bookings in 30 minutes for Scorpio-N
On August 15 in the UK, M&M will reveal their born-electric SUV platform and offer a schedule for model introductions. In addition, M&M will reveal its electric XUV400 on September 22.
Govt completes approval procedure for Advanced Chemistry Cell PLI project
The bids of four businesses, including Reliance Industries and Ola Electric, are expected to be approved by the government for the ACC PLI program.
Mahindra XUV700 bookings to start from October 7, Check more details here
The pricing of the XUV700 starts at ₹11.99 lakh for the base MX variant (MT, petrol, 5-Seater) and goes all the way to ₹21.59 lakh for the top range AX7— a 7-seater, diesel automatic variant.
India’s top automakers Mahindra & Mahindra, Maruti Suzuki expect better sales amidst chip shortage this festive season
Mahindra & Mahindra also faced a chip shortage due to which the previous week the company decreased around 25 per cent from its automotive sector counting no production days due to the incidental semiconductor shortage.
Mahindra’s domestic passenger vehicle sales rises 17% YoY in August 2021
As per the latest numbers, in the commercial vehicles segment, the company reported sales of around 11,432 vehicles past month in the domestic market compared to sales of 15,606 units during the same month past year. This recorded a dip of atleast 27 per cent in net sales.
Mahindra & Mahindra share price surges up by 3%, becomes the top gainer on BSE Sensex
M&M's share price, on Thursday, witnessed an increase by 3%. Well also, according to the company, the demand & supply of vehicles may be impacted due to the Covid pandemic.
No plans to launch Thar SUV in Australia, says Mahindra after being alleged of design infringement by FCA
Mahindra & Mahindra plans not to launch its Thar SUV in Australia, in the wake of the allegation made by FCA which says that the design of the Thar SUV is absolutely similar to its Jeep Wrangler.
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