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New Delhi, <keyword id="6357096" type="General" weightage="20" keywordseo="mahindra-mahindra" source="Orion">Mahindra &amp; Mahindra</keyword> on Friday said its total wholesales increased by 21 per cent year on year to 70,576 units in November. The Mumbai-based automaker had dispatched 58,303 units in November 2022. Utility vehicle dispatches stood at 39,981 units last month, an increase of 32 per cent over 30,238 units in the year-ago period, <keyword id="45224" type="General" weightage="20" keywordseo="mahindra" source="Orion">Mahindra</keyword> &amp; Mahindra (M&amp;M) said in a statement. Exports, however, declined 42 per cent last month to 1,816 units as compared to 3,122 units in November 2022. "We continue our growth trend, backed by strong demand for our SUV portfolio...While we saw a healthy festive season, we faced supply challenges on select parts during the month. We are keeping a close watch and taking appropriate steps to mitigate the challenges," M&amp;M President Automotive Division Veejay Nakra said. M&amp;M said its tractor wholesales stood at 32,074 units in November as compared to 30,528 units in the year-ago period. Exports, however, declined to 1,005 units last month from 1,348 units in November 2022. "The festive season saw high demand pull in the domestic market, supported by Kharif harvest realisations, with retails being strong during Dhanteras and Diwali," M&amp;M President-Farm Equipment Sector Hemant Sikka said. Terms of trade continue to be favourable for farmers, while rural spending by the government and progress in rabi sowing are the factors to watch out for, he added. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/upcoming-cars-launching-in-india-in-december-2023/slidelist/105645843.cms">From Tata Punch EV to Lamborghini Revuelto, cars set to launch in India in December</a> <a href="https://www.businessinsider.in/business/auto/news/car-and-suv-prices-set-to-rise-in-january-2024-should-you-buy-one-in-december/articleshow/105556415.cms">Car prices set to rise in January – Should you buy one in December?</a> <a href="https://www.businessinsider.in/tech/news/indias-pc-market-surges-to-4-5-million-devices-in-q3-2023/articleshow/105285251.cms">India’s PC market shipments surge in Q3 amidst import restrictions talks</a>

Mahindra sales rise 21% to 70,576 units in November

New Delhi, Mahindra &amp; Mahindra (M&amp;M) on Friday said its total automotive wholesales increased by 19 per cent to 70,350 units in August. The company's total dispatches to dealers stood at 59,049 units in August 2022. The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by 25 per cent to 37,270 units last month as against 29,852 units in April last year, the auto major said in a statement. "We clocked our highest-ever SUV domestic sales of 37,270 (units) in a month with a growth of 26 per cent...While demand for our key SUV brands continue to be strong, we are keeping a close watch on the availability of semiconductors and select parts, for sustained and smooth scale up," M&amp;M President, Automotive Division Veejay Nakra said. The company reported a 17 per cent year-on-year decline in exports at 2,423 units in August.

Mahindra sales rise 19% to 70,350 units in August

Mahindra South Africa has achieved growth in the South African passenger vehicle and pickup market despite an overall drop in sales because of the current economic downturn in the country. Figures released by the National Association of Automobile Manufacturers of South Africa (NAAMSA) show that Mahindra South Africa is one of the country's fastest growing passenger vehicle and pickup brands. Data from NAAMSA, which recently consolidated the sales for the first three quarters of 2019, show that Mahindra is on track to reach a new overall sales record that will easily exceed its target of 5,664 units for full year. NAAMSA reported that the overall market for the year to end-September was down 3.5 per cent with the largest volume decline being in the passenger vehicle market, which has declined by 4.9 per cent or 13,468 vehicles when compared to the same period last year. Despite this, Mahindra has grown by 33.4 per cent to reach 5,584 sales upto end of September. Its parts division grew in line with new vehicle sales and are up by 36 per cent over the same period. Thanking the growing number of Mahindra customers for their support, Rajesh Gupta, CEO of Mahindra South Africa, highlighted what he believed was responsible for the surge in sales. "We believe that our mix of desirable SUVs and pick-ups, which offers fantastic value for money, our growing network of dealers and our history of solid customer service for the last decade-and-a-half have given us the platform from which we can grow in this tough market, Gupta said. The 2019 sales success follows an aggressive marketing and expansion phase, which started in May 2018 with the official opening of the assembly facility for the Mahindra Pik Up range in Durban. This facility assembles the entire Pik Up range for South Africa and neighbouring countries. One of the biggest benefits of having our own assembly plant in South Africa is the fact that we can introduce special edition models and adapt certain Pik Up models to better suit our customer's needs, Gupta said. Mahindra recently also refreshed two of its most popular models, the entry-level KUV100 NXT and the large XUV500. Sales of the KUV100 NXT were further boosted this year, when the authoritative AA-Kinsey Report found that it was the most affordable model to service and repair in the compact crossover segment, beating its closest rival by close on R20 000 in the price of the parts and components that were considered as part of this affordability report. The AA-Kinsey Report was followed by Mahindra's first ever Gold Award from the National Automotive Dealer Association (NADA), recognising Mahindra's hard work to support and grow its dealer network, handle complaints promptly and provide ample stock of all vehicles and parts. <keyword id="1541592" type="COMPANY" weightage="20" keywordseo="Mahindra-SA">Mahindra SA</keyword> is in its 15th year of operations in South Africa, with 65 dealers across all nine provinces of South Africa. The company has also expanded into other sub-Saharan countries, currently exporting vehicles to Botswana, Zimbabwe, Zambia, Swaziland and Namibia, besides having a presence in Swaziland and Lesotho.

Mahindra SUVs and pick-up trucks are a rage in South Africa even in a shrinking market

<ul><li>Indian car manufacturer <keyword id="6357096" type="UNKNOWN" weightage="20" keywordseo="Mahindra-Mahindra">Mahindra &amp; Mahindra</keyword> announced that the price of its vehicles would go up by ₹36,000 from July 1. </li><li>The price hike by companies is being attributed to the new safety norms and the BS VI norms followed by the Indian government. </li><li>However, car sales continue to see a decline in India.</li></ul>In India, car sales have been sliding with almost every other automobile giant reporting a decline in sales in the past few months. However, if you thought that would make cars cheaper, well, think again. Car prices are only rising, thanks to the new safety norms which have been made mandatory. Automaker Mahindra &amp; Mahindra announced on Wednesday that it would be raising the prices of its personal vehicles by up to ₹36,000 across models from July 1. But the company is not alone. Maruti Suzuki had already declared a price hike for its new Swift and WagonR. Others like Honda and Tata Motors too have indicated the same. “Mahindra SUVs that will take a substantial price increase are the Scorpio, Bolero, TUV300 and KUV100 NXT, while brands such as the XUV500 and Marazzo will increase prices marginally,” Mahindra said in its filing as reported by IANS. The Indian government had announced the Bharat Stage VI norms for emission regulation. The norms will be adopted by April 2020, however companies had said that the adoption will result in a price-hike. According to <a href="https://www.financialexpress.com/industry/bs-vi-norms-car-prices-to-surge-sharply/1423128/">reports</a>, complying to the norms meant a 10% price hike for cars. Meanwhile, <keyword id="424067" type="PERSON" weightage="20" keywordseo="Car-sales-in-India">car sales in India</keyword> have had a sloppy run in the past few months. In <a href="http://overdrive.in/news-cars-auto/passenger-car-sales-in-india-dip-by-20-5-percent-in-may-2019/">May 2019</a>, passenger car sales declined by 20.5%. One of India’s biggest car manufacturers, Maruti Suzuki had <a href="https://www.financialexpress.com/auto/car-news/may-2019-car-sales-maruti-suzuki-reports-22-decline-in-sales-for-may-2019/1596276/">reported</a> a decline by 21% in its car sales for May. See Also: <a href="https://www.businessinsider.in/budget-2019-proposal-lower-tax-likely-on-cars/articleshow/69723060.cms">With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars</a>

Car sales are woefully slow in India but prices are rising due to new green norms

<keyword id="19970523" type="General" weightage="20" keywordseo="mahindra-group" source="keywords">Mahindra Group</keyword> and global institutional investor <keyword id="20194556" type="General" weightage="20" keywordseo="ontario-teachers" source="keywords">Ontario Teachers</keyword>' Pension Plan Board have co-sponsored an infrastructure investment trust (InvIT) holding assets of 1.54 GW in the <keyword id="34553" type="General" weightage="20" keywordseo="renewable-energy" source="Orion">renewable energy</keyword> space in India. The InvIT, Sustainable Energy Infra Trust (<keyword id="20197897" type="General" weightage="100" keywordseo="SEIT" source="Orion">SEIT</keyword>), is India's largest InvIT in the renewable energy space and has raised primary capital of Rs 1,365 crore as part of the initial offer of units (offer), Mahindra Group said in a statement. Several global and Indian investors, including Asian Infrastructure Investment Bank (AIIB), subscribed to the offer. SEIT made its debut on the National Stock Exchange on Monday. SEIT has been set up to focus on the growth of the renewable energy sector in India at scale. It holds operational renewable power assets seeded by <keyword id="19970521" type="General" weightage="20" keywordseo="mahindra-susten" source="keywords">Mahindra Susten</keyword> with a generation capacity of approximately 1.54 GWp. The capital of Rs 897.8 crore made available to Mahindra Susten by way of an offer for sale of units of SEIT will help Mahindra Susten develop a future pipeline of renewable energy assets. Mahindra Susten and SEIT, as a part of their growth strategy, have entered into a Right Of First Offer (ROFO) arrangement, in compliance with InvIT Regulations, whereby renewable energy assets developed by Mahindra Susten will be offered for sale to SEIT. Both Mahindra Group and Ontario Teachers' had committed to invest up to Rs 3,050 crore and Rs 3,550 crore respectively into Mahindra Susten and SEIT. Anish Shah, Group CEO &amp; MD, Mahindra Group, said, "Mahindra Susten has ambitious plans to achieve 5X growth in the next five years and will contribute to both the Groups' and the nation's green energy goals. "The renewable energy sector will continue to grow and attract investments and we are excited about both Susten's and SEIT's role in developing the right ecosystem." Ontario Teachers' Pension Plan Board (Ontario Teachers') is a global investor with net assets of usd 249.8 billion as at June 30, 2023.

Mahindra Group, Ontario Teachers' co-sponsor InvIT in renewable energy space

<ul><li>The company has announced non-working days for 5 of its manufacturing plants “due to continued weak demand”.</li><li>The number of non-working days in a plant is as high as 18 days. </li><li><keyword id="44883" type="CITY" weightage="20" keywordseo="Maruti-Suzuki">Maruti Suzuki</keyword>, Mahindra &amp; Mahindra, <keyword id="42747" type="CITY" weightage="20" keywordseo="Tata-Motors">Tata Motors</keyword> and Hero Motocorp had all announced no production days owing to the weak demand.</li></ul>Ashok Leyand is the latest auto manufacturer to announce a production cut. The company said that five of its manufacturing plants have non-working days “due to continued weak demand”. Its plants in Ennore, Hosur and CPPS, Alwar, Bhandara and Pantnagar will have many holidays in September. The number of non-working days in a plant being as high as 18. In August, <keyword id="6357085" type="PERSON" weightage="20" keywordseo="ashok-leyland">Ashok Leyland</keyword> saw a drop of about 50% in total. Its truck sales alone came down by 70% as compared to the year before. The truck manufacturer isn’t the only one to cut production. In fact, the company joins a long line of automakers – Maruti Suzuki, Mahindra &amp; Mahindra, Tata Motors and Hero Motocorp –who announced no production days. In August, Tata Motors’ sales declined by 58%, Maruti Suzuki’s fell by 33%, Mahindra &amp; Mahindra’s fell by 25% while Honda’s fell by 51%. Passenger vehicle sales in India saw their worst ever month, registering its worth ever month in the last two decades. The first quarter results of most auto companies were equally dismal as their revenues and profits both fell. See Also: <a href="https://www.businessinsider.in/business/auto-sales-in-august-see-highest-ever-de-growth-in-19-years-as-it-drops-18-7/articleshow/71045315.cms">Auto sales in August see highest ever de-growth in 19 years as it drops 18.7%</a>

Ashok Leyland joins the club of ‘No Production Days’ as its August sales fall by 50%

<ul><li>Market research reports say that July is going to see car sales continue to remain weak across all segments.</li><li>This also means that discounts per car are increasing heavily, Maruti Suzuki is leading the monthly discounts race. </li><li>Most car manufacturers saw their sales decline in the Q1 of FY20, also affecting their profits.</li></ul>Car sales have been slipping for the last eight months, and experts are predicting a tepid July month as well. As expected, manufacturers are rolling in discounts every month, to help push sales. Maruti Suzuki is leading the way with most ‘total cash discounts’ offered to consumers. While Alto models saw an 8% increase in discounts as compared to June, the Celerio Automatic and Dzire Diesel versions saw a steep increase of 23% and 27%. Weak sales to continue July isn’t going to bring in any cheer for carmakers who are hoping for good sales, according to a research report released by Emkay Global. “Volume performance is expected to remain weak across segments due to a high-base effect, increasing cost of vehicle ownership, monsoon deficit and financing issues,” the report said. <table style="border-width: initial; border-style: none; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">Company </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">Expected YOY drop in Sales </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">Maruti Suzuki </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">20.9% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">M&amp;M Auto </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">7.4% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">Tata Motors </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">12.1% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">Hero Motocorp </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">11.7% </td></tr></tbody></table> The quarterly earnings reports of auto manufacturers also spell doom for the industry. India’s largest car manufacturer Maruti Suzuki’s profits fell by 27.3%. It total sales for the first quarter of FY20 fell by 17.9% as compared to the same quarter last year. Meanwhile, <keyword id="42747" type="CITY" weightage="20" keywordseo="Tata-Motors">Tata Motors</keyword>’ saw its cumulative income (Jaguar Land Rover included) dropped by 20%. And, the manufacturers are beginning to blame the government. “There is no demand and no private investment, so where will growth come from? It doesn’t fall from the heavens. The auto industry is going through a very difficult period. Cars, commercial vehicles and two-wheelers are going through a rough patch,” Rahul Bajaj, Chairman and MD of Bajaj Group said at his company’s annual general meeting. See Also: <a href="https://www.businessinsider.in/Narendra-Modi-has-a-new-problem-big-corporates-and-moneybags-are-angry/articleshow/70450878.cms">Narendra Modi has a new problem – big corporates and moneybags are angry</a>

Deep discounts fail as car sales are set to fall for the ninth straight month in July

New Delhi, <keyword id="19993913" type="General" weightage="20" keywordseo="mahindra-mahindra" source="keywords">Mahindra &amp; Mahindra</keyword> on Friday said its total sales increased 24 per cent to 72,923 units in February. The company's total dispatches to its dealers stood at 58,801 units in February 2023. The Mumbai-based auto major's passenger vehicle sales in the domestic market rose 40 per cent to 42,401 units last month against 30,358 in February last year, the auto major said in a statement. "In our endeavour to make some of our SUVs available faster to consumers, we launched the Scorpio N Z8S variant and the <keyword id="20787041" type="General" weightage="20" keywordseo="thar-earth" source="keywords">Thar Earth</keyword> edition this month," Mahindra &amp; Mahindra President (Automotive Division) <keyword id="20273717" type="General" weightage="20" keywordseo="veejay-nakra" source="keywords">Veejay Nakra</keyword> said. The company's total tractor sales last month stood at 21,672 units, a dip of 16 per cent as compared to 25,791 units in the same month last year.

Mahindra wholesales rise 24% in February at 72,923 units

<ul><li>November <keyword id="47168" type="COMPANY" weightage="20" keywordseo="Car-sales">car sales</keyword> may take a hit again, predict analysts.</li><li><keyword id="42747" type="CITY" weightage="20" keywordseo="Tata-Motors">Tata Motors</keyword> total sales volume may fall by 23% in November, with Jaguar Land Rover sales too declining by 5%, said a CLSA report.</li><li>Meanwhile, <keyword id="44883" type="CITY" weightage="20" keywordseo="Maruti-Suzuki">Maruti Suzuki</keyword>, Mahindra &amp; Mahindra may see a 5% decline.</li></ul>It looks like the Indian auto industry is not going to have a very happy ending to the year. Analysts say that November car sales may see yet another decline. Market research firm CLSA said that Tata Motors total sales volume may fall by 23% in November, with Jaguar Land Rover sales declining by 5%. “We expect most covered Indian auto OEMs to report a YoY decline in wholesale volumes in November. This is partly driven by the earlier timing of festive period this year – mostly in October in 2019 versus being spread over the months of October and November in 2018,” said the report. <table style="border-width: initial; border-style: none; width: 468pt; table-layout: fixed;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Company </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November Sales Volume Estimate </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Ashok Leyland </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-4% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Eicher Motors </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-21% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hero Motocorp </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-8% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mahindra &amp; Mahindra </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-5% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-5% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">TVS Motors </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-8% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-23% </td></tr></tbody></table> In October, Tata Motors’ global sales including Jaguar Land Rover, stood at 89,108 units, falling 19% from the same period last year. However, Maruti Suzuki reaped in the festive season benefits and reported a 4.5% jump in October sales. Global ratings agency Fitch Ratings too predicted gloomy days ahead for the auto industry. “High dealer inventories coupled with weak consumer sentiment and deferment of purchase decisions ahead of BS6 will limit any significant boost. Higher vehicle costs under<a href="https://www.businessinsider.in/business/news/with-bsvi-coming-in-woes-of-indian-car-makers-are-from-over-says-rating-agency/articleshow/72272730.cms"> BSVI</a> are likely to weigh on PV demand in FY21,” said the report. See Also: <a href="https://www.businessinsider.in/business/news/with-bsvi-coming-in-woes-of-indian-car-makers-are-from-over-says-rating-agency/articleshow/72272730.cms">With BSVI coming in, woes of Indian car makers are from over, says rating agency</a> <a href="https://www.businessinsider.in/business/corporates/news/tata-motors-is-the-third-biggie-after-bsnl-and-mtnl-to-dole-out-voluntary-retirement-package/articleshow/72270927.cms">Tata Motors is the third biggie after BSNL and MTNL to dole out voluntary retirement package </a>

You Searched For "Mahindra and Mahindra sale" and got 9 results

Mahindra sales rise 21% to 70,576 units in November

PTI

Mahindra sales rise 19% to 70,350 units in August

PTI

Mahindra SUVs and pick-up trucks are a rage in South Africa even in a shrinking market

PTI

Car sales are woefully slow in India but prices are rising due to new green norms

Sanchita Dash

Mahindra Group, Ontario Teachers' co-sponsor InvIT in renewable energy space

PTI

Ashok Leyland joins the club of ‘No Production Days’ as its August sales fall by 50%

Sanchita Dash

Deep discounts fail as car sales are set to fall for the ninth straight month in July

Sanchita Dash

Mahindra wholesales rise 24% in February at 72,923 units

PTI

Tata Motors November sales may fall 23% – Maruti and M&M may fare slightly better

Sanchita Dash

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