ENVIRONMENT FRIENDLY: Vivek Nayer (left), Vice President-marketing, Arun Malhotra, Senior Vice President-sales, Mahindra and Mahindra launching the Bolero CNG vehicle in New Delhi on Thursday.
NEW DELHI: Mahindra & Mahindra on Thursday unveiled its CNG pick-up vehicle
AFTER a splendid run for most of last fiscal and in April, passenger car sales are decelerating as consumers apprehend a hike in petrol and diesel prices. With crude oil price hitting a record $133 per barrel and a fuel price hike looking imminent, Indian customers are postponing their car purchases. The biggest hit is the price-sensitive small-car segment, which accounts for 75% of the total sales.
FACED with rising crude oil prices, Indian automakers are getting back to the drawing board to design more compact vehicles with smaller engines that burn lesser fuel. While a vehicle with smaller engine may be less powerful than current models, it would be far more fuel efficient, say most top auto companies including Mahindra & Mahindra and Tata Motors.
AFTER creating a record of sorts in setting up Mahindra World City, the first SEZ at Chengalpet near Chennai, Mahindra group has embarked on yet another dream project. This time, the $6 billion-group plans to build a mega integrated township costing over $1.1 billion within the SEZ in the next five years.
Days after the Fiat-Tata joint venture announced an investment of more than Rs 2,300 crore in the Ranjangaon plant in Maharashtra, Tata Motors and Mahindra & Mahindra have separately committed to inve
The nondescript village of Yevat, nearly 100 km from Pune, is the unlikely setting for an even more unlikely revolution. Mohammed Haneef, a failed farmer at 45, started it. Not only did he sell his father
