In-line; Volumes down 7% YoY to 90.9k due to supply issues
Tractors grew 2.5% YoY (in-line); UVs decline ~7% YoY (below est.)
* MM’s tractor volumes grew 2...
CHENNAI/NEW DELHI/DETROIT - Indian automaker Mahindra & Mahindra Ltd has cut more than half of the workforce at its North American unit, two sources familiar wi..
Automobile major Mahindra & Mahindra on Friday raised the prices of its range of personal and commercial vehicles by around 1.9 per cent resulting in an increase of R..
Buy ITC Ltd @ 214.50-215.50 CMP 215.00 TGT 219.80 SL 212.60
Buy M&M Financial Ltd @&nbs..
Below are Quote on M&M Dec sales numbers By Mr. Jyoti Roy - DVP- Equity Strategist, Angel Broking Ltd
M&M reported mixed monthly sales..
SsangYong resolution in sight…
…Calling off the Ford JV signals seriousness on capital allocation
MM’s management hosted a concall to update o..
Mahindra & Mahindra (M&M) on Friday reported 10 per cent fall in its overall auto sales in December 2020 at 35,187 units.
During the same period of 2019, the c..
NEW DELHI - Mahindra & Mahindra Ltd will focus on developing its core portfolio of sport-utility vehicles (SUVs) and their electric version, a senior executive ..
Ford Motor Co said on Thursday it was calling off its automotive joint venture with India's Mahindra and Mahindra Ltd due to the challenges caused by the COVID-19 pan..
SsangYong applies for rehabilitation…
…MM has largely impaired its investment of ~INR24.5b in SYMC
* MM’s 74.65% owned SsangYong Motor Company..
Mahindra & Mahindra's South Korean subsidiary SsangYong Motor Company (SYMC) has filed for rehabilitation procedure with the Seoul Bankruptcy Court.
In a regul..
Mahindra & Mahindra (M&M) on Monday said that it will increase prices of its tractors across models from January 1 next due to the increase in input costs.
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