• 2020 SsangYong Korando

    Mahindra is looking to off-load some or even all of its 75% stake in SsangYong.

  • 2020 SsangYong Korando
    Mahindra, facing coronavirus-related sales plunge, pulls investment in SsangYong

    Mahindra has pulled a $406 million investment in SsangYong due to coronavirus worries.

  • Nick Heidfeld in a Mahindra M4Electric Formula E race car at the 2017 Goodwood Festival of Speed
    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.

  • Signing of Memorandum of Understanding between Ford and Mahindra
    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...

  • Mahindra Roxor
    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...

  • 2018/2019 Mahindra Racing M5Electro Formula E race car in Pininfarina's wind tunnel
    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...

  • Mahindra Roxor Off-road logo

    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...

  • 2018 Ford Ecosport
    Ford taps Mahindra for Indian expansion

    India is often touted as the next China but apart from a similar population, currently at well over a billion people, there isn’t much else to compare. China has invested heavily in infrastructure and manufacturing over the past few decades, and this in turn has attracted plenty of foreign...

  • Nick Heidfeld in a Mahindra M4Electric Formula E race car at the 2017 Goodwood Festival of Speed
    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...

  • Nick Heidfeld with Mahindra Racing M4Electro
    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...

  • Pininfarina H2 Speed concept, 2016 Geneva Motor Show
    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...

  • Pininfarina Formula E concept for Mahindra
    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...

  • Pininfarina Sergio concept car

    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 76.06 percent stake in Pininfarina from the design firm’s parent company Pincar. Mahindra is paying approximately 33 million euros ($36 million) for the stake. Mahindra will also provide a cash injection of about 20 million euros into Pininfarina’s coffers through a rights issue, plus...

  • Pininfarina Sergio concept car
    Pininfarina Confident Of Acquisition By Mahindra

    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...

  • Pirelli Formula One tires
    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...

  • Saab 9-3 EV electric prototype shown by NEVS, 2014
    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...

  • Bruno Senna racing for Mahindra in Formula E
    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...

  • Saab logo
    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...

  • Mahindra Reva Halo, 2014 Delhi Auto Expo - Image via MotorBeam

    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 division, Mahindra Reva. Helping with the design of the Halo concept were leading design firms Pininfarina and Bertone, and evidence of their talents can clearly be seen in the styling. The interior layout in particular is similar to what you find in many high-end Italian sports cars. Italy’s sports...

  • Mahindra Racing Formula E electric race car
    Indian Automaker Mahindra Forms Formula E Team

    The eighth team confirmed for the inaugural season of the Formula E Championship is Mahindra Racing, the motorsport outfit of Indian automaker Mahindra. That means just two more teams can sign up for the electric car racing series before the start of the season in September 2014. Mahindra already...

  • 2013 Aston Martin DB9
    Investindustrial Buys 37.5 Percent Stake In Aston Martin

    It has been confirmed that Italian private equity group Investindustrial has purchased a 37.5 percent stake in Aston Martin, providing 150 million pounds (approximately $240.4 million) in the form of a capital increase. Aston Martin, together with its new investor, as well as existing shareholder...

  • Aston Martin badge
    Just Two Bidders Left For Aston Martin: Report

    Earlier this month news broke that Kuwait’s Investment Dar was looking to offload its 64 percent stake in Aston Martin. It was reported that Investment Dar was looking to attain at least $800 million for its share of the British sports car manufacturer and was in talks with a handful of...

  • Bidding war over Bertone heats up
    Bidding War Over Bertone Heats Up

    Just a few weeks after Mahindra & Mahindra expressed their interest in purchasing the legendary coachbuilder and design house Bertone, China's FAW is throwing its hat in the ring. Both companies see the purchase as their ticket into European markets. A failed deal with Fiat for production of...

  • India’s Mahindra pulls out of Jaguar & Land Rover bid
    India’s Mahindra Pulls Out Of Jaguar & Land Rover Bid

    One of the potential bidders for Jaguar and Land Rover has pulled out of the race, citing uncertainty over the supply of components from Ford post sale as well as fears the brands won’t meet impending stricter emission planned for Europe in 2012. India’s Mahindra & Mahindra, which...

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