There is a cyclical slowdown in the tractor segment and the industry is only likely to sell as much as it sold a year ago, Pawan Goenka, president, automotive and farm equipment sector, Mahindra & Mahindra, said on Wednesday.

Honda car, bikes all-set to steal the show in 2013

Bertrand D'souza, deputy editor, Overdrive, shares his view on how the auto industry will move in 2013. He also talks about players in both the four-wheeler and two-wheeler segment who may ride the year in driver seat.

Expect cost of land acquisition to go up by 50%: M&M

After the Union Cabinet cleared the land acquisition bill on Thursday, CNBC-TV18 spoke to Arun Nanda, director of Mahindra & Mahindra for his views on the bill. Nanda expects the cost of land acquisition to go up by 50 percent.

Sentiments not good for auto industry, says M&M

Pravin Shah, chief executive of automotive division at M&M says the sentiments are not good for the industry. "Traditionally, the month of December always is a slow month. It is a challenging month for the industry," he adds.

Bajaj, Kawasaki to ride together to capture new markets

The country's largest two-wheeler exporter Bajaj Auto announced a strategic alliance with Japanese Kawasaki in an effort to penetrate deeper into new markets.

Happy to hold numbers in challenging biz environment: M&M

Vivek Nayer, Senior Vice President, Marketing, Automotive Division at M&M said they are happy to hold numbers in a challenging business environment. Going ahead, the company is cautiously optimistic about the festive season.

Auto demand is reasonably steady, says M&M

Pawan Goenka, president automotive sector of M&M says the demand is reasonably steady.

Exports all-time high; passenger vehicle segment up: M&M

Arun Malhotra, senior vice-president - sales & customer care, automotive division, M&M, says that the company's domestic sales have grown by 20% and there has been 27% growth in passenger vehicles segment. He also say that in the last four months the company has no shut down or slow production and they are working at full capacity.

Hike in export refinance limit to bridge liquidity gap: M&M

Welcoming hike ECR limit, VS Parthasarathy of M&M highlighted the dual impact of this move. "It gives two impacts, it gives liquidity and secondly it has a basis of getting rates reduced for the exporter or it gives a little bit of cushion for the bank to act the way that they want."

M&M performed well on strategy, not fuel prices: Nayer

Vivek Nayer, senior vice-president- marketing, automotive division, Mahindra & Mahindra explains to CNBC-TV18 that the company's performance is due to right strategy and not the due to the huge difference between fuel and diesel prices.

Eyeing 5-6% growth in tractor segment during FY13: M&M

In an interview with CNBC-TV18, Pawan Goenka, President of Mahindra & Mahindra gives his outlook on the industry and informs about the product launches in the pipeline.

Not products, individual brands will drive growth: M&M

Arun Malhotra, senior vice-president, sales & customer care, automotive division, M&M says from the industry perspective it will be a challenging year and I am not very positive on the overall market sentiment, in terms of interest rate, hikes, government duties and news of fuel price hike.

Aim to generate $50mn each from JVs: Mahindra Defence

Chief executive of Mahindra Defence Systems Khutub Hai tells CNBC-TV18 that they aim to generate USD 50 million from their joint ventures with Telephonics Corp and Rafael Advance Defence Systems.

Mahindra inks pact with Rafael for telephonics JV

In an interview to CNBC-TV18, Anand Mahindra, vice-chairman and managing director, Mahindra Group, said, “Retrospective amendments in any form are not good for investments in India.”

Demand for Stylish New Xylo & XUV 500 push M&M sales up

Vivek Nayer, senior vice president -marketing, automotive division at M&M spoke to CNBC-TV18 about sales numbers for the company and the expectations of dealers and customers.

Budget Expectations: M&M against imposing additional duty on diesel cars

Pawan Goenka, president – automotive and farm equipment sector at Mahindra & Mahindra has once again called upon the government to not impose any additional hike in duty on diesel in this year's budget to be presented on March 16.

M&M to ramp up XUV-500 production; see UV sector growth

Speaking to CNBC-TV18, Arun Malhotra, senior vice president-sales & customer care- automotive division at M&M says that the company expects further growth in the utility vehicle segment. “M&M is trying to ramp up production of the latest on the block- the XUV 500,” he says.

Will never see growth below 6% in India: Anand Mahindra

Anand Mahindra, vice chairman and managing director of Mahindra & Mahindra is confident that India will never see growth below the 6% mark

M&M sees only 10% growth in the tractor industry in FY13

On the sidelines of the Delhi Auto Expo, Pawan Goenka, president-automotive sector at M&M told CNBC-TV18 that the months of November and December is traditionally a weak time for tractor sales.

Three-wheelers are the only trouble: M&M

Vivek Nayer, senior vice president- marketing, automotive division, M&M spoke to CNBC-TV18 about the growth outlook of the company post the decent December sales number.

Confident Pawan Goenka sees 10-12% growth in tractor sector

Mahindra and Mahindra (M&M) is one the few companies which has been exuding some optimism about the next year. The overall year has not been as expected for the auto industry, but president of automotive sector, Pawan Goenka said that the tractor industry has done very well.

Sales momentum to continue in next couple of months: M&M

Monthly auto sales numbers have started trickling in. M&M's November total auto sales came in slightly lower at 40,722 units versus 41,506 units (MoM), but were much better than expectations. Arun Malhotra, Senior Vice President of sales and customer care (Automotive Division) indicated that the auto sales saw a growth of 53% on a yearly basis.

Interest rate peaking next trigger for auto sector: Expert

Auto companies have started releasing their November sales figures. Mahantesh Sabarad, Senior vice president-institutional equity research, Fortune Equity Brokers spoke to CNBC-TV18 about his outlook for the sector now.

High Oct sales figures are not an aberration: M&M

Riding high on a 20.32% jump in its total sales, which stood at 41,506 units in October 2011, auto-maker Mahindra & Mahindra says the numbers are no odd event. In an interview to CNBC-TV18, Vivek Nayer, senior vice president at M&M says the company's 'strong' product pipeline promises a brighter future.

Ambitions beyond SUVs, M&M to take off in aviation

The Mahindra Group started out trading steel before assembling jeeps and commercial vehicles eventually making deep tracks as the country's largest manufacturer of tractors and SUVs.