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Mahindra to double capacity for XUV500, launch in Australia, Europe

Mahindra & Mahindra, has planned to double production capacity of its indigenously developed sports utility vehicle, the XUV500, to expand presence in European and Australian markets. Touted as......

RBI rate cut: Positive move for auto sector

The key rate cut by RBI is too little to have any major positive impact on demand for automobiles but it is still a move in the right direction, according to the industry players. "This is......

Car makers expect no cheer this festive season

Hit by demand slowdown and low consumer sentiment, car manufacturers are expecting a tepid festive season this year. "The market conditions continue to be extremely tough. Although sales during......

Competition in SUVs bound to hit market share: Mahindra

Mahindra and Mahindra Ltd, India's biggest sports utility vehicle (SUV) manufacturer, said growing competition in the SUV segment is bound to impact its market share."With so much competition in......

M&M to hike prices by 1-2%

Auto major Mahindra & Mahindra on Wednesday said it will hike prices of some of its models by 1-2 per cent soon to offset increasing input costs and inflation. "We will be soon announcing a price......

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