Mar 15, 2021 02:52 PM IST
In India, Mahindra sells the Rexton as the Alturas G4 starting at Rs 28.73 lakh, ex-showroom.
- Feb 08, 2021 09:18 AM IST
M&M faces twin challenges of supply chain disruptions and capital allocation
- Jan 02, 2021 09:16 AM IST
The troubled automaker has also applied for an autonomous restructuring support (ARS) programme which is a court-designed process.
- Jan 01, 2021 02:16 PM IST
Currently Mahindra & Mahindra owns 75 percent equity stake in SsangYong. Going forward, the company will cease to be a major stakeholder by the end FY20-21.
- Dec 17, 2020 09:16 AM IST
Mahindra’s intent to sell its 75% equity stake in the company or at least lower it to 50% hinges on finding a new investor, which looks difficult under present circumstances
- Jun 12, 2020 05:46 PM IST
Around 80% of the Rs 2,719 crore impairments in Q4 came from just two companies – SsangYong and Genze
- Feb 11, 2020 05:20 PM IST
Acquired in 2010 SsangYong has been the trouble unit for M&M for almost every year despite several attempts made to turn around operations.
- Jan 22, 2020 11:57 AM IST
The Mumbai-headquartered company is said to considering a capital injection of 500 billion Won ($430 million) in SYMC by 2022
- Sep 12, 2019 10:34 AM IST
Among the changes seen in the SUV is the front grille, which has increased in size and has a honeycomb mesh design.
- Mar 11, 2019 02:29 PM IST
Current funding will take care of SsangYong’s capital expenditure needs for the next three-to-four years
- Mar 07, 2019 07:14 PM IST
Inspired by the e-SIV concept, the Korando is expected to carry a 61.5 kWh battery pack in its EV form.
- Mar 31, 2017 10:29 AM IST
SsangYong aims to develop electric vehicles (EV) jointly with M&M and launch them in 2019. Besides there is also the plan to enter the US market around the same time.
- Mar 01, 2017 09:30 PM IST
As part of its strategy to net 50
per cent of automotive revenues from overseas by fiscal 2019,
homegrown auto player Mahindra & Mahindra (M&M) is planning to
set up a second base for itself outside the country.
- May 23, 2016 11:19 AM IST
For the first time M&M will be offering Scorpio with a petrol engine. The petrol engine will be co-developed with Ssangyong, learns CNBC-TV18.
- Apr 22, 2015 12:48 PM IST
Currently, M&M is looking to hike its stake to 85 percent for which around Rs 1500 crore has been set aside. By year-end, M&M plans to increase its stake in Ssangyong to 90-95 percent, thereby giving it almost 100 percent ownership.
- Dec 11, 2014 04:13 PM IST
Previously, M&M has bought out Reva, Ssangyong, Kinetic and Peugot. Not all have been successful, yet.
- Nov 13, 2014 06:27 PM IST
In the two-wheeler segment, the firm that is in the process of acquiring 51 percent stake in Peugeot Motocycles for 28 million euros, is eyeing various global markets besides India to launch the French firm's products.
- Mar 15, 2014 04:33 PM IST
This will be the companys fourth rebranding since its inception in 1954 as Ha Dong-hwan Motor Co.
- Mar 05, 2014 04:36 PM IST
This is a hybrid and power is derived from 1.6litre diesel engine and 10kW electric motor taking power from a 500Wh lithium ion battery.
- Mar 04, 2014 01:41 PM IST
M&M is planning to divide its AFS product development division into two verticals -- auto and tractor.
- Jan 09, 2014 06:53 PM IST
In an exclusive chat with CNBC-TV18, Pawan Goenka, president, M&M said the SsangYong brand has acquired some negative connotations and they are in the process of finalising a new name.
- Nov 06, 2013 11:29 AM IST
For the tremendous growth seen by the Mahindra group, from a turnover of around USD 1.35 billion a decade ago, to USD 16.2 billion today. The group is now a federated structure, and not a centralised conglomerate.
- Aug 13, 2013 10:54 AM IST
Mehraboon Irani is bearish on oil PSUs due to inefficieny of government to take any bold steps since last one one-and-half months and therefore, he is negative on Oil and Natural Gas Corporation (ONGC) after the company‘s net profit slumped 34 percent.
- Apr 05, 2013 07:48 PM IST
Betting big on electric vehicles to take off in the country despite tepid consumer response so far, M&M has roped in its South Korean partner Ssangyong for jointly developing a new range of powerful electric cars that would have higher power and speed.
- Feb 08, 2013 02:38 PM IST
Utility vehicle maker Mahindra & Mahindra on Friday said standalone net profit for the third quarter rose 26 percent from a year ago to Rs 836 crore.