Mahindra Ugine, Mahindra Forgings and Mahindra CIE will be merged into one entity,Hemant Luthra, President, Mahindra Systech said.

All excise cut benefits by govt passed to consumers: M&M

In personal category, M&M has taken a price reduction from Rs 13,000 to Rs 49,000 and for Rexton it has been Rs 92,000

Interim Budget: Excise duty cut good; see reduction in SUV prices: M&M

An excise duty cut for SUVs could likely reduce the prices of SUVs by around Rs 40,000, Pawan Goenka of M&M said.

Expect growth of 9-11% in tractor volumes in FY15: M&M

The Mahindra Group's tractor arm reported a 15 percent growth in sales at 20,109 units in January, driven by a robust Kharif crop and an expected good rabi crop.

Will outperform peers in FY14, revive biz in K‘taka: M&M

On the road ahead, Bharatendu Kapoor, senior vice president- Sales, Farm Division, Mahindra & Mahindra, says a rise in raw material cost has led to a Rs 4000 hike in prices since January and the company is seeing some signs of revival in Karnataka.

Exports only silver lining amid auto gloom: SIAM

In an interview with CNBC-TV18, Vikram Kirloskar, President of Society of Indian Automobile Manufacturers (SIAM) and Vice Chairman, Toyota Kirloskar Motor Ltd (TKML), spoke about the state of the auto industry and what it will take to kick-start growth.

Price hike will help protect, maintain margin: M&M

Pravin Shah, Chief Executive-Automotive Division, M&M, says the price increase varies from 0.5-2 percent.

Not worried by fall in Maruti's November sales: Centrum

Additionally, Shethiya expects the tractor segment to show a robust performance in the days to come and says 10-12 percent tractor growth is achievable.

M&M sees FY14 tractor sales growth at 12-14%

Bhartendu Kapoor of Mahindra & Mahindra expects tractor sales to grow by 12-14 percent in FY14. He is also confident of maintaining the dominant market share.

Festive sales can't match last years nos: Pawan Goenka

Pawan Goenka, President-Automotive & Farm Equipment, Mahindra and Mahindra is excited about the new high-end electric sports car which could be in the offing.

3% SUV tax hit sales, see revival in diwali, dussehra: M&M

Bharat Doshi, executive director and group chief financial officer, M&M is optimistic on the days ahead. He says the good monsoon seen throughout the country and the upcoming festive season should boost sales.

See year-end growth at 10-12%; festive season to help: M&M

There is buoyancy in the markets in Maharashta and Karnataka because of Ganpati. Vishwakarma will have an impact on Bihar and central UP and then Navratri, Dassera and Diwali will give a good push to the markets. So the markets overall will do well, says Sanjeev Goyle of M&M.

Sales to outperform industry; no price hikes foreseen: M&M

In an interview to CNBC-TV18, Bhartendu Kapoor, Mahindra & Mahindra gives a positive outlook on his company's tractor sales. He expects them to outperform the industry standards.

No price cuts in near-term; new launches in 2014: M&M

Rajesh Jejurikar, chief executive (tractor & farm mechanization), Mahindra and Mahindra says the company‘s tractor business has gained some market share in the last two months.

See 5-6% growth for auto industry in FY14: M&M's Doshi

For sentiments to improve, policy pronouncements need to see an immediate follow through action by the government, says Bharat Doshi of M&M.

Deal with CIE a marriage made in heaven, says M&M's Luthra

Hemant Luthra, president, Mahindra Systech, said the deal will help the two companies grow into new geographies. The product range as well as geographical presence of the two firms will complement each other since CIE is present in Latin America, where Mahindra is not and in India Mahindra has a strong presence, while CIE does not, he said.

SUV segment hit by diesel price hikes: M&M

Weak sentiments have impacted the company's SUV sales, says Pravin Shah of M&M. He is confident that the sales of XUV will not be impacted by the launch of Ford. He added that the markets of neighbouring countries, which account for 50 percent of the company's exports are going through a difficult time, impacting the company's business.

See 6-8% industry growth in FY14 for tractors: M&M

Mahindra is one of leading players in the field of farming equipment and machinery, including tractors and other agriculture products since 1960.

Expect sales performance to improve in May-Jun: M&M

Mahindra and Mahindra saw a marginal jump of two percent in sales for April‘13. Arun Malhotra, Chief Sales & Customer Care Officer, Automotive Division, M&M says traditionally April always looks slower coming on back of March because March being the last month of the financial year is a peak month in terms of sales.

Tax diesel vehicles, why only SUVs: M&M

The decision to stick to the excise duty hike imposed on sports utility vehicles (SUVs) has clearly come as a big disappointment, says Pawan Goenka, president of the automotive and the farm sector businesses of Mahindra & Mahindra

Hike in excise duty could hurt UV sales, says M&M's Goenka

The 3 percent hike in excise duty hike on sports utility vehicles proposed in the Union Budget could hurt UV sales and lead to a possible shift in demand to other passenger vehicle segments, Pawan Goenka, president, automotive and farm equipment sector, Mahindra & Mahindra, said on Friday.

Autos hit by poor demand; Maruti, Tata top buys: Centrum

Ajay Shethiya of Centrum Broking estimates, on CNBC-TV18, that growth in auto volumes will moderate on continued weakness across the sector.

No rush to grow; hope Budget cheers on rates, mood: Toyota

In this week's edition of The Forbes India Show on CNBC-TV18, Hiroshi Nakagawa, MD and CEO, Toyota India says that the company will grow in India step-by-step and hopes the Budget will reduce interest rates, taxes and cheer consumer sentiment.

See growth in PV segment; CRR cut to improve demand: M&M

Arun Malhotra, chief sales & customer care officer, automotive division, M&M, says that the company saw 33 percent growth in passenger vehicle segment in January. However, growth has been muted in the commercial segment.

Inflation key to next 25-50 bps rate cut in 4-6 mths: M&M

Pawan Goenka, President Automotive Sector of Mahindra & Mahindra (M&M), says that today‘s RBI announcement on repo rate cut and CRR cut was on expected lines. He feels 25 bps rate cut is a good move and if inflation remains under control then one can see another rate cut of 25-50 bps in next four-six months.