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Mahindra sheds 'redundant' jobs at its North American subsidiary

New Delhi, Jan. 13 -- Mahindra and Mahindra Ltd (M&M)'s North American unit, Mahindra Automotive North America (MANA), said on Wednesday that it has cut redundant jobs in an attempt to make the compan... Read More


Mercedes-Benz India looks to boost sales with 15 car launches this year

Mumbai, Jan. 13 -- In an attempt to drive sales, Mercedes-Benz India Pvt. Ltd, the country's largest luxury carmaker, plans to launch as many as 15 new cars in 2021, a top company executive told Mint ... Read More


Supply chain business to drive mid-term growth for Mahindra Logistics

New Delhi, Jan. 12 -- With shared mobility taking a back seat during the pandemic, the supply chain business will drive growth for Mahindra Logistics Ltd (MLL) over the mid-term, said a top company ex... Read More


Short supply limits the pace of used car sales

New Delhi, Jan. 11 -- With consumers delaying new car purchases and holding on to their existing vehicles amid the coronavirus crisis, short supply of pre-owned cars is expected to stifle sustained de... Read More


Fiat Chrysler to invest $250 mn in India

New Delhi, Jan. 6 -- FCA India Automobiles Pvt. Ltd will invest over $250 million to assemble and manufacture four new sport-utility vehicles (SUVs) in India, the local arm of Italian-American carmake... Read More


FCA India earmarks $250 million to develop 4 new Jeep SUV models

MUMBAI, Jan. 5 -- FCA India Automobiles Pvt Ltd, a subsidiary of Italian-American carmaker Fiat Chrysler Automobiles or FCA Group, has earmarked fresh investment of $250 million to expand its portfoli... Read More


FCA India earmarks $250 million for Jeep SUV portfolio expansion

MUMBAI, Jan. 5 -- FCA India Automobiles Pvt Ltd, a subsidiary of Italian-American carmaker Fiat Chrysler Automobiles or FCA Group, has earmarked fresh investment of $250 million to expand its portfoli... Read More


2021 may be a bumpy ride for medium and heavy vehicles

New Delhi, Jan. 5 -- Complete recovery for the medium and heavy commercial vehicle (MHCV) segment remains uncertain in 2021-22, despite sequential growth in demand, three industry executives told Mint... Read More


SsangYong crisis sinks Mahindra's global SUV plans

New Delhi, Dec. 31 -- Mahindra and Mahindra Ltd's aim to become a global maker of sport-utility vehicles (SUVs) has hit a major hurdle with the bankruptcy of SsangYong Motor Co., three people familiar... Read More


Bajaj Auto bets big on rapid growth in premium segment in India, globally

New Delhi, Dec. 24 -- Bajaj Auto Ltd's investment in a new plant for premium motorcycles underscores its optimism about the continued growth potential of this segment in India and overseas, Rakesh Sha... Read More