Mahindra Verito, the remains of the once Mahindra-Renault tie up (Logan) has not really done well in the market. The small family sedan was born in 2004 and hit the Indian roads back in 2007.
MAHINDRA AND MAHINDRA
Recall Alert: 2,300 Units of Scorpio, XUV 500 & Xylo Recalled
The season of recalls seems far from over. Various manufacturers around the world are plagued by recalls due to faulty airbags provided by Takata Corp, and the latest alert comes from an Indian manufacturer, Mahindra.
Breaking: Mahindra To Launch 6 New Cars This Year
Here’s another massive blow from Mahindra and Mahindra! Mr. Pawan Goenka, President (Automotive Business), M&M, told reporters: “We have a capital allocation of Rs 5,000 crore for the next three fiscals and plan to launch six new models this fiscal”.
Rajeev Dubey appointed National President of the Employers’ Federation of India
Mr. Rajeev Dubey, President (Group HR & After-Market) & Member of the Group Executive Board, Mahindra & Mahindra Ltd., has been appointed as National President of the Employers’ Federation of India (EFI), one of the bodies representing India at the International Labour Organisation (ILO) in Geneva which is also an important constituent of the tripartite Indian Labour Conference.
Automobile Companies Unhappy Over VAT in Maharashtra
Mahindra and Mahindra has warned to pull out its investment scheduled to be around Rs 4000 crore from Maharashtra – the reason being VAT refund. Maharashtra government has changed the rule for VAT refund which states that the VAT refund would be applicable only to vehicles sold within the state. While earlier it used to … Read more