Page 10 - Mahindra & Mahindra
Can the new Thar move bring Mahindra's SUV business on to the fast lane
Analysts say carmaker has to get the pricing right to snatch back volumes in the sport utility vehicle segment
 "Can the new Thar move bring Mahindra's SUV business on to the fast lane")
Mahindra unveils BS6-compliant Thar SUV, to be launched on October 2
Thar offer a 6-speed torque converter automatic transmission or a 6-speed manual transmission mated to "an authentic manual shift-on-the-fly 4x4 transfer case"
 "Mahindra unveils BS6-compliant Thar SUV, to be launched on October 2")
Anand Mahindra, global CEOs endorse plan to build better economic system
The global CEOs include Ajay Banga (Mastercard), Alan Murray (Fortune Media), Dan Hendrix (Interface), Dylan Taylor (Voyager Space Holdings), Emmanuel Faber (Danone) and Feike Sijbesma (DSM)
 "Anand Mahindra, global CEOs endorse plan to build better economic system")
Tata Motors pips Mahindra in vehicle registration in July, FADA data shows
Maruti and Hero strengthen pole position in pandemic-hit market
 "Tata Motors pips Mahindra in vehicle registration in July, FADA data shows")
I am optimistic that history will indeed repeat itself: Anand Mahindra
"Life has led us full circle," said Mahindra, alluding to 2002
Mahindra & Mahindra's consolidated profit drops 97% YoY to Rs 68 cr in Q1
In Q1FY21, M&M sold 27,565 vehicles, a 78 per cent YoY drop from 1.23 lakh sold in Q1FY20
 "Mahindra & Mahindra's consolidated profit drops 97% YoY to Rs 68 cr in Q1")
Mahindra resets its playbook for international business ventures
'We will fail faster, if we have to,' says chairman Anand Mahindra as international revenues for most group business ventures grow or dwindle
 "Mahindra resets its playbook for international business ventures")
Mahindra & Mahindra hits over 5-month high; stock zooms 61% in 3 months
M&M is seeing good on-ground momentum in its key business of tractors as well as for products like Bolero and Scorpio. The company is seeing huge upside in rural economy due to the many enablers
 "Mahindra & Mahindra hits over 5-month high; stock zooms 61% in 3 months")
Mahindra & Mahindra's XUV300 tops Global NCAP's 6-year safety rankings
GNCAP has completed safety assessments on more than 38 vehicles so far from 2014, and the XUV300 scored the highest safety rating among all the models tested, the company said in a release
 "Mahindra & Mahindra's XUV300 tops Global NCAP's 6-year safety rankings")
Indices surge on the back of China rally; 124 stocks hit 52-week high
The benchmark Sensex and the Nifty have advanced 4.5 per cent in the past four trading sessions to end at their highest level since early March
 "Indices surge on the back of China rally; 124 stocks hit 52-week high")
Most stocks making positive contribution a healthy sign for market: Experts
During the June quarter, all the Nifty 50 components, but four posted gains. Market players said most stocks making positive contribution is a healthy sign for the market
 "Most stocks making positive contribution a healthy sign for market: Experts")
Covid-19 impact: Six of the top 10 family-owned businesses in the red
Leading business houses report pre-tax loss of Rs 19,342 crore in Q4
 "Covid-19 impact: Six of the top 10 family-owned businesses in the red")
Tractor sales rise in June; commercial vehicles segment continues to skid
Mahindra & Mahindra Farm Equipment Sector's domestic sales in June saw a surge of 12% to 35,844 units, as against 31,879 units in June 2019.
 "Tractor sales rise in June; commercial vehicles segment continues to skid")
Car makers rejig product portfolios as diesel, petrol prices near parity
Car manufacturers are rejigging their product portfolios as diesel and petrol prices near parity
 "Car makers rejig product portfolios as diesel, petrol prices near parity")
Riding out the Covid-19 crisis: Auto shows pick-up signs in rural India
Maruti Suzuki India, the country's largest carmaker, on Wednesday reported a 53.8 per cent year-on-year decline in domestic passenger vehicle sales to 51,274 units in June due to Covid-19 crisis
 "Riding out the Covid-19 crisis: Auto shows pick-up signs in rural India")
M&M posts record 55% fall in total sales in June, 72% decline in exports
The commercial vehicle sales slumped 36 per cent to 10,417 units in June 2020 as against 16,394 units in the year-ago month
 "M&M posts record 55% fall in total sales in June, 72% decline in exports")
Brands chant the affordability mantra as they chase thrifty customers
The familiar playbook of flexible payment schemes, value packs and discounted sales dons a post-pandemic avatar as brands chase thrifty customers
 "Brands chant the affordability mantra as they chase thrifty customers")
M&M to develop four new platforms for tractors along with Mitsubishi
The partners are looking to start from 13 horsepower going up all the way to 70 horsepower, for markets like the US, Southeast Asia, India and Japan
 "M&M to develop four new platforms for tractors along with Mitsubishi")
M&M plans to exit loss-making international subsidiaries in a year
The move is prompted by the steep impairment loss reported by the consolidated entity as SsangYong Motor (SYMC), its Korean subsidiary, and Genzee, its two-wheeler entity in the US, turned in losses.
 "M&M plans to exit loss-making international subsidiaries in a year")
Mahindra reports first quarterly loss in 19 years amid Covid-19 crisis
Net loss stood at Rs 1,761 cr in Q4
 "Mahindra reports first quarterly loss in 19 years amid Covid-19 crisis")
