Car sales are on an uphill drive thanks to improved semiconductor supplies, robust demand for Sports Utility Vehicles (SUVs), healthy economic growth, favourable monsoon, and effective monetary policies
German carmaker Volkswagen Group and India's Mahindra & Mahindra have signed the first supply agreement on components of Volkswagen's modular car platform for electric cars (MEB) for Mahindra's electric platform INGLO. The deal covers the supply of certain electric components as well as unified cells. Mahindra plans to launch five all-electric SUVs in India based on its new electric platform INGLO, starting December 2024. The agreement will run over several years and will have total volume of ab
Manoj Bhat, the CFO of the group has been appointed as the managing director (MD) and chief executive officer (CEO) of Mahindra Holidays Resorts India Limited (MHRIL)