Mahindra
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Korea's SsangYong plans to focus on EVs in a bid to return to profitability.
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Mahindra to use VW Group's MEB tech for 5 electric SUVs
Mahindra plans to use the MEB's drivetrain and battery in a new EV platform dubbed Inglo.
Viknesh Vijayenthiran -
SsangYong seeks new buyer after Edison Motors deal falls through
Struggling Korean automaker SsangYong isn't out of the woods just yet.
Viknesh Vijayenthiran -
SsangYong sold for $255M to consortium led by EV startup Edison Motors
India's Mahindra has finally found a buyer for its struggling South Korean unit SsangYong.
Viknesh Vijayenthiran -
Ford, Mahindra end India joint venture talks
Ford and Mahindra had looked to co-develop EVs and SUVs for India and other emerging markets.
Viknesh Vijayenthiran -
Korea's SsangYong declares insolvency, enters restructuring
With the slowdown caused by the pandemic, SsangYong has failed to make repayments to creditors.
Viknesh Vijayenthiran -
Mahindra is looking to off-load some or even all of its 75% stake in SsangYong.
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Mahindra, facing coronavirus-related sales plunge, pulls investment in SsangYong
Mahindra has pulled a $406 million investment in SsangYong due to coronavirus worries.
Viknesh Vijayenthiran -
Drive a Formula E car with Pininfarina, Nick Heidfeld
Pininfarina is providing future Battista owners with the opportunity to prepare for the world-beating performance of the electric hypercar.
Viknesh Vijayenthiran -
Ford and Mahindra in talks to develop electric car, 2 SUVs together
Last September, we learned that Ford was in talks with Mahindra to explore ways to expand into the Indian market and potentially collaborate on product development. The two automakers on Thursday announced they have since signed a Memorandum of Understanding to evaluate the possibility of...
Viknesh Vijayenthiran -
Mahindra Roxor retro off-roader now being built in Detroit
There's a new company building cars in Detroit, and this one hails from India. The company is Mahindra, an SUV and truck manufacturer which has recently branched out into new segments including electric cars. Now it is also producing the Roxor off-roader in Detroit for local sale and export. You...
Viknesh Vijayenthiran -
Pininfarina enters Formula E as sponsor of Mahindra Racing
Pininfarina on Tuesday announced it is entering the Formula E Championship as a sponsor of Mahindra Racing. In a statement, the Italian design house said its decades of experience crafting cars will help Mahindra Racing in developing its Formula E race cars, starting with the M5Electro being...
Viknesh Vijayenthiran -
India’s Mahindra, known as a manufacturer of tractors, trucks and SUVs, last week opened its first manufacturing plant in the United States. Located in Detroit, Michigan, the plant will initially manufacture an off-road vehicle called the Roxor Off-Road. The first examples are due in 2018 and are to be sold exclusively in India. However, sales in other markets including the U.S. are planned. Mahindra hasn’t said much about the vehicle, only that it will be a compact model for “off-highway” use. This suggests that it won’t be your typical soccer mom chariot...
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Watch Nick Heidfeld attempt a Goodwood hill climb record in Mahindra’s Formula E car
During the 1999 Goodwood Festival of Speed, German racing driver Nick Heidfeld managed to complete the event's 1.16-mile hill climb in a scant 41.6 seconds behind the wheel of a McLaren MP4-13 Formula One race car. It’s a record that stands to this day—even after the close of the 2017...
Viknesh Vijayenthiran -
Nick Heidfeld aims for Goodwood record with Mahindra Formula E car
Nick Heidfeld is no stranger to the Goodwood Festival of Speed, and he's returning this year with one goal in mind: smash his current hill climb record. Currently, Heidfeld holds the hill climb course record with an incredibly quick 41.6 seconds. However, that was set over 10 years ago in 1999 in a...
Sean Szymkowski -
Mahindra mulls turning Pininfarina into premium EV brand
Having acquired Pininfarina in late 2015, Indian auto giant Mahindra is now considering turning the Italian design firm into a premium electric car brand. The information was revealed by Mahindra Chairman Anand Mahindra to MarketWatch during last month’s 2017 Seoul auto show. He also said the...
Viknesh Vijayenthiran -
Pininfarina designs Formula E race car concepts for Mahindra
The first designs commissioned by Italian legend Pininfarina by the company's new owner has been shown: A trio of Formula E electric race car concepts. Indian conglomerate Mahindra bought Pininfarina late last year, fueling months of speculation about what would happen to the decades-old Italian...
Andrew Ganz -
Pininfarina Sold To India’s Mahindra: Official
It’s been speculated for months but today Indian conglomerate Mahindra & Mahindra finally announced it has acquired legendary Italian design firm Pininfarina. Mahindra, together with its Tech Mahindra subsidiary that specializes in IT systems and engineering consultancy, will acquire a...
Viknesh Vijayenthiran -
Earlier in the year it was revealed legendary Italian design firm Pininfarina was in talks with Indian conglomerate Mahindra & Mahindra about a possible sale. Now it’s been revealed an announcement of a sale of Pininfarina to Mahindra is likely to be made soon. A spokesperson for Pininfarina told Reuters negotiations with Mahindra were still taking place and an acquisition could be announced within the next few weeks. “Negotiations between controlling shareholder Pincar, creditor banks and Mahindra ... over the acquisition of Pininfarina's shares owned by Pincar and debt...
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Pirelli Sold To State-Owned ChemChina, Pininfarina May Go To Mahindra
Pirelli will be sold to state-owned China National Chemical Corp (ChemChina) after shareholders for the Italian tire manufacturer agreed to the deal, estimated to be worth 7.3 billion euros (approximately $8 billion). Pirelli is the fifth largest tire manufacturer in the world and is known for its...
Viknesh Vijayenthiran -
Saab Owner NEVS Close To Reaching Deal With India’s Mahindra: Report
Earlier this month, cash-strapped Saab owner National Electric Vehicle Sweden (NEVS) asked a Swedish court to extend the period for its restructuring so that it could finalize a deal with a new investor. NEVS said at the time that it was in talks with two Asian firms, which court documents have now...
Viknesh Vijayenthiran -
Mahindra Racing's Bruno Senna Talks Formula E: Video
The inaugural season of Formula E electric car racing is now just a couple of months away from the opening race in Beijing, and testing of the Spark-Renault SRT_01E race car common to all teams is well underway at Donington Park in the U.K. In the video above, former Formula One driver Bruno Senna...
Viknesh Vijayenthiran -
Is India’s Mahindra About To Purchase A Stake In Saab?
There seems to be no end to Saab’s woes, even with new owner NEVS running the show. A month ago, NEVS said a cash shortage had forced it to stop production of the Saab 9-3 sedan and that it was in negotiations with other firms over the potential sale of a stake in Saab to help raise funds...
Viknesh Vijayenthiran -
Mahindra Rolls Out Halo Electric Sports Car Concept At 2014 Delhi Auto Expo
Indian automaker Mahindra, mostly known for its SUVs and pickup trucks, has rolled out a sleek electric sports car concept at the 2014 Delhi Auto Expo this week. The new concept is called the Halo, and it’s destined to be one of the hottest products from Mahindra’s electric car...
Viknesh Vijayenthiran