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A Rough Ride- Business News


A Rough Ride
Once the leader in SUVs, Mahindra has lost its crown. The company is resetting its gameplan to stay clear of me-too products, replacing them with vehicles intrinsic to its DNA. Can it rise again?
The new decade was barely a couple of hours old when India s utility vehicle major Mahindra and Mahindra and US carmaker Ford decided to put off their joint-venture plans. The two companies had been trying to cobble together a wide-ranging partnership since October 2019 that would have seen Ford exit the Indian market, leaving its assets in the JV with Mahindra. For a variety of reasons it had looked like a win-win deal. Ford would have benefitted from Mahindra s marketing pull and frugal vendor development strategy, while the latter would get access to the much-needed technology for the present (gasoline) and the future (electric). The two companies blamed the pandemic and the altered market dynamics for the parting of ways. ....

United States , South Korea , South Korean , Ssangyong Tivoli , Renault Nissan , Puneet Gupta , Ravi Bhatia , Aditya Makharia , Pawan Goenka , Anand Mahindra , Maruti Suzuki , Rajesh Jejurikar , Anish Shah , Partnership Woes , Vehicle Tech Centre , Kia Motors , Mahindra Electric Mobility Ltd , Equity Research , Volkswagen Group , Managing Director , First Maruti , Executive Director , North American , Chairman Anand Mahindra , Associate Director , Electric Mobility Ltd ,

'Driving financial control will be our top priority' - The Hindu BusinessLine


‘Driving financial control will be our top priority’
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In a wide-ranging interview with BusinessLine, Anish Shah talks about what is in store for M&M with him at the helm
Six years after joining Mahindra & Mahindra as the Group President-Strategy, Anish Shah has now become the successor to Anand Mahindra. In November, when Mahindra Group’s Chairman Anand Mahindra transitions to the role of Non-Executive Chairman, Shah will become the first professional MD and CEO in the history of the Mahindra Group to have complete oversight of and responsibility for the Mahindra Group businesses. In a wide-ranging interview with
BusinessLine, Shah talks about what is in store for M&M with him at the helm. Excerpts: ....

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