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  • M&M ready to cede control of SsangYong, identifies 8-9 other loss-making units Jun 12, 2020 05:46 PM IST

    M&M ready to cede control of SsangYong, identifies 8-9 other loss-making units

    Around 80% of the Rs 2,719 crore impairments in Q4 came from just two companies – SsangYong and Genze

  • Mahindra in talks for fund infusion in SsangYong, ready for third party investor Feb 11, 2020 05:20 PM IST

    Mahindra in talks for fund infusion in SsangYong, ready for third party investor

    Acquired in 2010 SsangYong has been the trouble unit for M&M for almost every year despite several attempts made to turn around operations.

  • Mahindra may inject further funds into loss-making Korean subsidiary: Report Jan 22, 2020 11:57 AM IST

    Mahindra may inject further funds into loss-making Korean subsidiary: Report

    The Mumbai-headquartered company is said to considering a capital injection of 500 billion Won ($430 million) in SYMC by 2022

  • Ssangyong reveals 2020 Rexton Facelift Sep 12, 2019 10:34 AM IST

    Ssangyong reveals 2020 Rexton Facelift

    Among the changes seen in the SUV is the front grille, which has increased in size and has a honeycomb mesh design.

  • Exclusive: SsangYong Motor, M&M's Korean unit, to boost product launches with around $1 billion war chest Mar 11, 2019 02:29 PM IST

    Exclusive: SsangYong Motor, M&M's Korean unit, to boost product launches with around $1 billion war chest

    Current funding will take care of SsangYong’s capital expenditure needs for the next three-to-four years

  • What to expect from Ssangyong Korando Mar 07, 2019 07:14 PM IST

    What to expect from Ssangyong Korando

    Inspired by the e-SIV concept, the Korando is expected to carry a 61.5 kWh battery pack in its EV form.

  • Mahindra to invest $1bn in SsangYong over 4 years, jointly develop e-vehicles Mar 31, 2017 10:29 AM IST

    Mahindra to invest $1bn in SsangYong over 4 years, jointly develop e-vehicles

    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.

  • M&M eyes 50% revenue from abroad by FY19, to have overeseas base Mar 01, 2017 09:30 PM IST

    M&M eyes 50% revenue from abroad by FY19, to have overeseas base

    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.

  • M&M may drive out a new Scorpio with a petrol engine May 23, 2016 11:19 AM IST

    M&M may drive out a new Scorpio with a petrol engine

    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.

  • M&M plans to increase stake in Ssangyong to 85% for now Apr 22, 2015 12:48 PM IST

    M&M plans to increase stake in Ssangyong to 85% for now

    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.

  • M&M may buy Saab: But is the M&A strategy working? Dec 11, 2014 04:13 PM IST

    M&M may buy Saab: But is the M&A strategy working?

    Previously, M&M has bought out Reva, Ssangyong, Kinetic and Peugot. Not all have been successful, yet.

  • Mahindra plans to launch three new vehicles in 2015 Nov 13, 2014 06:27 PM IST

    Mahindra plans to launch three new vehicles in 2015

    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.

  • SsangYong to get a new brand identity by 2016 Mar 15, 2014 04:33 PM IST

    SsangYong to get a new brand identity by 2016

    This will be the companys fourth rebranding since its inception in 1954 as Ha Dong-hwan Motor Co.

  • Ssangyong unveils XLV concept Mar 05, 2014 04:36 PM IST

    Ssangyong unveils XLV concept

    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.

  • M&M rejigs auto & farm equipment biz Mar 04, 2014 01:41 PM IST

    M&M rejigs auto & farm equipment biz

    M&M is planning to divide its AFS product development division into two verticals -- auto and tractor.

  • Mahindra to rebrand SsangYong; quotes negative connotations Jan 09, 2014 06:53 PM IST

    Mahindra to rebrand SsangYong; quotes negative connotations

    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.

  • Anand Mahindra: The federator Nov 06, 2013 11:29 AM IST

    Anand Mahindra: The federator

    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.

  • Stay away from auto, realty and oil stocks: Mehraboon Irani Aug 13, 2013 10:54 AM IST

    Stay away from auto, realty and oil stocks: Mehraboon Irani

    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.

  • Ssangyong, M&M ink JV for electric cars Apr 05, 2013 07:48 PM IST

    Ssangyong, M&M ink JV for electric cars

    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.

  • Strong UV sales drive M&M Q3 net profit up 26% at Rs 836cr Feb 08, 2013 02:38 PM IST

    Strong UV sales drive M&M Q3 net profit up 26% at Rs 836cr

    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.

  • M&M Q3 net profit seen up 24% YoY at Rs 823cr Feb 08, 2013 10:33 AM IST

    M&M Q3 net profit seen up 24% YoY at Rs 823cr

    India's largest utility vehicle and tractor maker Mahindra & Mahindra will report its third quarter earnings later on Friday. While passenger vehicle sales have been sluggish over the last one year, the maker of Scorpio, Bolero and XUV500 will be boosted by a strong shift in demand to utility vehicles.

  • Ssangyong sees better financial performance in next 2 yrs Nov 20, 2012 06:04 PM IST

    Ssangyong sees better financial performance in next 2 yrs

    Auto major Mahindra and Mahindra's Korean subsidiary SsangYong today said it expects to improve financial performance in the next two years.

  • Overdrive Review: Mahindra Rexton & TVS Phoenix Oct 22, 2012 05:12 PM IST

    Overdrive Review: Mahindra Rexton & TVS Phoenix

    Mahindra and Korean car maker Ssangyong launched their latest SUV, Rexton. But can this new SUV help Mahindra increase its market share? CNBC-TV18‘s show Overdrive tested this new offering from Mahindra-Ssangyong to check if it can sustain Indian driving conditions.

  • Tata Motors or M&M: Fortune Equity's pick Oct 17, 2012 03:26 PM IST

    Tata Motors or M&M: Fortune Equity's pick

    Global sales of Tata motor has declined due to increased use of commercial vehicles as compared to the luxury brand like Jaguar land Rover (JLR) says Fortune Equity Brokers, Mahantesh Sabarad

  • M&M joins premium SUV pack with SsangYong Rexton Oct 17, 2012 02:58 PM IST

    M&M joins premium SUV pack with SsangYong Rexton

    Utility vehicle maker Mahindra & Mahindra on Wednesday launched the much anticipated Rexton SUV from its Korean arm SsangYong Motor Co stable.

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