Verito

Maruti Suzuki, Tata Motors, Mahindra Electric, Mahindra & Mahindra, and Ford were jointly working on the project.

M&M plans to make Verito the new Ambassador

Pawan Goenka, MD of M&M said that the company is planning to make Verito the next Ambassador in the taxi space. Verito can be made more desirable than its counterparts by cutting price.

Mahindra sales rise 17% in March

Mahindra & Mahindra today reported 17 percent rise in total sales to 52,718 units in March as against 45,124 units sold in the same month of last year.

Mahindra posts 20% jump in October sales

In the domestic market, sales were up by 21 percent to 48,815 units last month as against 40,278 units in October 2014.

Mahindra & Mahindra March sales down 12%

Exports were up 28 percent at 4,019 units as compared to 3,146 units in the same period a year earlier. Sales of passenger vehicles, including Scorpio, XUV 500, Xylo, Bolero and Verito stood at 21,030 units compared with 23,433 units in March 2014, down 10.25 percent.

Mahindra & Mahindra sales fall 10% in February

However, exports were up 10 percent at 3,115 units from 2,828 units in the same period a year earlier. Sales of passenger vehicles, including Scorpio, XUV 500, Xylo, Bolero and Verito stood at 18,103 units compared with 19,308 units in February 2014, down 6 percent.

Mahindra & Mahindra total sales down 7.18% in August

Mahindra & Mahindra (M&M) had sold 37,897 units in the same month last year, the company said in a statement.

Mahindra free checkup camp to start in India from March 3

The M-Plus service camp will provide Mahindra owners with the opportunity to ensure that their vehicles are in perfect condition. Ends on March 9

Mahindra & Mahindra August sales down 17.32%

Auto-maker Mahindra & Mahindra today reported 17.32 per cent decrease in its total sales at 37,897 units in August, 2013.

Mahindra to launch electric Verito within one year

Buoyed by public interest in its electric car e2o, Mahindra & Mahindra today said it will launch the electric version of its entry-level sedan Verito within a year.

Mahindra March total auto sales rise 11% to 51,904 units

Utility vehicle maker Mahindra & Mahindra's total automobile sales in March rose 11 percent year-on-year to 51,904 units.

Mahindra Jan auto sales up 11% at 49,503 units

Mahindra & Mahindra's total automotive sales in January rose 11 percent year-on-year to 49,503 units, driven by utililty vehicle demand, while exports and medium & heavy truck sales slumped.

M&M Dec auto sales up 6% to 45,297 units

Mahindra & Mahindra's total auto sales in December rose 6 percent year-on-year to 45,297 units. The growth was boosted by utility vehicles and Verito sedan, which grew 18 percent to 22,761 units.

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.

Mahindra launches new Verito; price starts at Rs 5.27 lakh

Auto major Mahindra & Mahindra today launched a new version of its sedan Verito in both petrol and diesel options, priced between Rs 5.27 lakh and Rs 7.14 lakh (ex-showroom, Delhi).

M&M May auto sales up 28%, tractor sales flat

Utility vehicle maker Mahindra & Mahindra's total automobile sales in May rose 28% year-on-year to 43,988 units, helped by strong growth in its sports utility vehicles and four-wheeler commercial vehicles.

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.

M&M Q4 net up 44%; names Anand Mahindra as Chairman and MD

Utility vehicle maker Mahindra & Mahindra beat street expectations on Wednesday, with standalone net profit of Rs 874 crore, up 44% from a year ago, helped by one time gains and lower tax provisions, apart from strong sales growth.

What to expect from M&M's Q4 earnings

Last year was rather forgetable for automakers in India, especially the passenger car makers, as demand slumped amid expensive loans and a sharp rise in petrol prices. Mahindra & Mahindra's auto division, however, bucked the trend.

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.

Mahindra not to acquire Scooters India now: Pawan Goenka

Auto major Mahindra & Mahindra today said it has decided not to acquire the over 95% stake in the beleaguered PSU firm Scooters India at present, as it has "various things" to do.

Albeit interest rates are a worry, we grew 29% in June: M&M

Market waited with baited breath for the June auto sales numbers because there was talk of a slowdown, both, in personal vehicles as well as in commercial vehicles. Mahindra & Mahindra’s June total sales numbers came as a breath of fresh air.

M&M total May sales rise 20% to 34,323 units

Utility vehicle maker Mahindra & Mahindra’s total sales in May rose 20% year-on-year to 34,323 units, aided by strong sales of both passenger and commercial vehicles.

M&M launches Verito in a new price range

Close on the heels of rechristening the Logan as Verito and dropping the Renault's badge from the sedan, Mahindra & Mahindra today launched the car with a revised price range of Rs 4.82 lakh-5.62 lakh in both petrol and diesel variants.

Renault supports M&M to transform Logan to Verito

M&M has rechristened the Logan. The car will now be called the 'Verito', which means 'truth' in latin. This vehicle will now cost Rs 15,000 more than the earlier price. Pawan Goenka, President (Automotive sector) of M&M, spoke on the plans for this passenger car.