Tata Motors is set to advance the annual maintenance shutdown of its passenger vehicle plants due to mounting stockpiles-equivalent to up to two months of sales-amid slowing sales across its petrol, CNG and electric cars, multiple people aware of the company’s plans said. This is to align production with demand and correct the stock before … Read more
JSW Group on Tuesday said it has appointed Rajiv Mehta as Chief of Business of its mobility arm JSW Auto. Based out of the company’s headquarters in Mumbai, Mehta will report to Parth Jindal and also work very closely with Sajjan Jindal, Chairman of the JSW Group. “Mehta comes on board at JSW Auto at … Read more
MUMBAI: Automakers are in the process of tweaking the design, shapes and body styles to inject freshness into SUVs, which after topping the sales charts for several years are now facing sluggish demand. A body style that is finding favour with several of them is coupé, with Citroen and Tata Motors already launching SUVs with … Read more
Mahindra & Mahindra on Friday denied report which said that the Indian automaker and China’s Shaanxi Automobile Group have agreed to set up a $3 billion joint venture to build a car manufacturing plant in India and are awaiting New Delhi’s approval. The automaker called the Reuters report to be ‘unfounded and said that there … Read more
The move comes a day after the Uttar Pradesh government cancelled registration fees for strong hybrid vehicles.(Photo: The Economic Times) Tata Motors and Mahindra & Mahindra declared heavy discounts on the purchase of their favoured SUVs, citing declining demand and increasing inventories. Mahindra & Mahindra (M&M) and Tata Motors have reduced the prices of some … Read more
Amid weakening demand and rising inventory, leading automakers Tata Motors and Mahindra & Mahindra (M&M) on Tuesday announced heavy discount on purchase of their select and popular SUVs. Mahindra XUV700 approaches its three-year anniversary in the Indian market, M&M has announced celebratory discounts of over Rs 2 lakh on its range-topping AX7 variants for the … Read more
Hyundai has joined Indian car manufacturers Tata Motors and Mahindra & Mahindra in opposing any tax breaks for hybrid vehicles, suggesting that such measures could disrupt the market for petrol and diesel cars. Japanese carmakers like Maruti Suzuki, Toyota, and Honda are advocating for lower taxes on strong hybrids, arguing that the technology reduces emissions … Read more
Auto market expert Hormazd Sorabjee highlights that while Mahindra’s newly launched 3XO has captured customer interest with its features and pricing, the company needs to focus on two factors if they wish to become market leader or beat Tata and Maruti. Hormzad said that the car maker must focus on improving service and reliability to … Read more
India’s fourth-largest auto company, M&M, is shifting into a higher gear and pressing down on accelerator. It plans to fuel its business growth with an ambitious capital infusion plan. It will inject Rs 37,000 crore into its business, across different segments, over the next three years. A bigger part of this money will go into … Read more
Domestic automobile majors Mahindra & Mahindra and Tata Motors have received a record number of patent approvals for a wide spectrum of product and process innovations in the last financial year. Mahindra & Mahindra (M&M) received 674 approvals, its best-ever annual performance, while Tata Motors also witnessed the grant of 333 patents during the 2023-24 … Read more
