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Tractor sales hit rough patch in April May 01, 2021   The second wave of Covid-19 and the resultant restrictions have applied brakes on tractor sales that had been rising over the past 10-11 months, bucking the automotive market trends. Tractor sales started to move northwards from May 2020 after the partial lifting of the lockdown. The numbers continued to grow in the subsequent months as the rural economy remained robust; the other automotive segments took more time to rebound. All segments hit But the second wave has hit all segments. While tractor manufacturers faced production constrain...

Mahindra & Mahindra announced that its overall auto sales (passenger vehicles+ commercial vehicles+ exports) for the month of April 2021 stood at 36437 vehicles. The units sold in April this year is not comparable with April 2020, since no vehicles were sold last year in the domestic market due to COVID related lockdown. In the Utility Vehicles segment, Mahindra sold 18186 vehicles in April 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 18285 vehicles in April 2021. According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., The month of...

Highlights XUV700 in Diesel and Gasoline engines. XUV700 in Manual and Automatic transmissions. New Delhi: Mahindra & Mahindra Ltd has offially unveiled the brand name of its much-awaited SUV, built on the W601 platform, as the XUV700. The XUV700 will also come with world class safety features, Mahindra’s said. It will come with "world class safety features, reaffirming Mahindra's commitment towards safety", the company said. Mahindra XUV7 00 will be offered both Diesel and Gasoline engines in Manual and Automatic transmissions, along with optional All-Wheel-Drive (AWD) capabilities. The XU...

Mahindra has confirmed the name of its new W601 SUV today and has offered a few hints of what to expect. Christened the Mahindra XUV700, the Indian SUV specialist’s all-new midsize offering will be manufactured at its Chakan facility in Pune, Maharashtra, and will arrive in showrooms around October this year. With the XUV700 name, Mahindra now has the possibility of keeping the current XUV500 on sale or perhaps even using the XUV500 moniker on the 5-seat version of the XUV700. W601 SUV to be called Mahindra XUV700 Could sell alongside the XUV500 To get petrol and diesel engines, along w...

Synopsis "The XUV700, one of the most awaited offerings from Mahindra, is sure to hit the sweet spot with customers. Built on the new W601 platform, XUV700 marks the beginning of the next generation of sophisticated and authentic Mahindra SUVs...," M&M Ltd CEO - Automotive Division Veejay Nakra said. Reuters Mahindra & Mahindra Ltd on Thursday said it will launch its premium SUV XUV700 in the second quarter of the ongoing fiscal. The new model, which has been built on the W601 platform, will be manufactured at the company's manufacturing facility at Chakan in Maharashtra, M&M said in a statem...