Mahindra

India's Mahindra has finally found a buyer for its struggling South Korean unit SsangYong.

Ford and Mahindra had looked to co-develop EVs and SUVs for India and other emerging markets.

With the slowdown caused by the pandemic, SsangYong has failed to make repayments to creditors.

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

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

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...

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...

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...

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...

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...

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...

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...

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...

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 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...

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...

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...

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...

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...

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...