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Mahindra LMM becomes the No. 1 Electric 3-Wheeler Manufacturer in FY23.

Mahindra is a pioneer in electrifying last-mile mobility. Electric 3-wheelers are one of the country's primary contributions to vehicle electrification due to their unparalleled Total Cost of Ownership, excellent savings, and noiseless and pollution-free

Three Wheelers01-May-23•••
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M&M is confident in pickup truck growth in FY24

M&M claims to have sold over two million pickups since its debut in 1999, with nearly one million sold in the last six years alone. With a market share of approximately 60%, the business came close to selling 200,000 cars last year, extending its lead ove

Trucks26-Apr-23•••
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Mahindra Last Mile Mobility breaks ground on its EV manufacturing plant in Zaheerabad

With this new facility, the company hopes to develop a cutting-edge battery assembly line, as well as power packs and electronic and drivetrain components for electric three-wheelers and four-wheelers. The facility will also employ 800 to 1000 employees i

Three Wheelers25-Apr-23•••
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Michelin is thinking about establishing local tyre manufacturing in India

The tyre manufacturer, which has 67 plants in 175 countries, presently distributes only premium larger-size tyres in limited quantities, particularly for performance-oriented models in India.

Tyres19-Apr-23•••
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Following the epidemic, VECV gains market share in the M&HCV segment

Total M&HCV volumes, including goods and passenger carriers, were 3.59 lakh units in FY23, up from 3.91 lakh units in FY19 and 2.41 lakh units in FY22.

Multiple17-Apr-23•••
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Eaton introduces Tech Day 2023, which will feature cutting-edge power management solutions.

Eaton Aerospace Solutions manufactures hydraulic, fuel, pneumatic, actuation, and electrical products that deliver safe and efficient solutions for aircraft.

Multiple13-Apr-23•••
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Keshub Mahindra, former Chairman of the Mahindra Group, died at the age of 99.

Keshub Mahindra died at the age of 99, just days after re-entering the Forbes billionaire list for 2023. With a net worth of $1.2 billion, the former chairman of Mahindra & Mahindra was the oldest billionaire in India.

Multiple12-Apr-23•••
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The International Finance Corporation (IFC) has announced a $30 million investment in JK Tyres to expand energy-efficient tyre manufacturing.

IFC will acquire a 5.6% stake in the tyre giant through the preferential issuance of compulsorily convertible debentures (CCDs).

Tyre23-Mar-23•••
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M&M acquires a 100% stake in the startup MITRA.

MITRA intends to grow its product line and network in India and global markets as a result of this takeover.

Cmv360.com21-Mar-23•••
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CNH Industrial acquires a majority share in Bennamann

The company's collaboration with Bennamann began in 2019 when the two collaborated on the development of a liquefied natural gas fuel tank for CNH's tractor prototype.

Cmv360.com17-Mar-23•••
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There is no mandatory age limit for tractor dismantle - MoRTH

The national government has published a scrappage policy for automobiles, but there is no clarity on the benefits it provides to owners.

Cmv360.com16-Mar-23•••
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Omega Seiki Mobility partners With Brandwin To manufacture E-Trucks In Bangladesh

Omega Seiki Mobility has been quickly expanding its product line and production footprint in India.

Cmv360.com22-Feb-23•••
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Mahindra will invest Rs 1,000 crore to manufacture electric vehicles.

Mahindra is positioning itself with this new facility to grab a huge chunk of this booming market

Cmv360.com13-Feb-23•••
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BharatBenz Launches High-Performance Construction And Mining Trucks

The new model line includes a more powerful 320 HP BSVI diesel powertrain, which provides the high wheel-end torque needed to negotiate difficult, gradient mining roads

Cmv360.com01-Feb-23•••
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M&M is the first Indian automaker to participate in the DJSI world index.

Two Mahindra Group companies, M&M and Tech Mahindra, are among the six Indian companies featured in this year's World Index.

News25-Jan-23•••
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