Mahindra

  • Signing of Memorandum of Understanding between Ford and Mahindra

    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 developing an electric car, a compact SUV and a mid-size SUV together. For the mid-size SUV, Ford and Mahindra will look at developing the vehicle based on a Mahindra platform. Importantly, separate versions are to be developed to be sold independently by the two automakers. Ford and Mahindra also agreed to...

  • 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
    Mahindra to build Roxor off-roader in Detroit

    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...

  • 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 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 McLaren MP4/13. Motorsport has come a long way since then, and this time, Heidfeld will be behind the wheel of Mahindra Racing’s Formula E season four challenger, the M4Electro. It will also be the public debut of the all-new electrified racer, which will hit the track in December. This year...

  • 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
    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...

  • 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

    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 confirmed to be India’s Mahindra and China’s Dongfeng. The documents, which were obtained by the Financial Times, show that Mahindra, a major manufacturer of tractors and SUVs, is close to signing off on a deal that will see it become the majority owner of NEVS and in the process the...

  • 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
    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...

  • 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

    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 interested parties. The latest word is that only two firms are still interested in buying the shares from Investment Dar: Indian automaker Mahindra & Mahindra and Italian private equity group Investindustrial. Sources familiar with the matter have revealed to Reuters that Mahindra has made the higher...

  • 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...

  • Ford to meet with India’s Tata and Mahindra
    Ford To Meet With India’s Tata And Mahindra

    One of the key parties bidding for the Jaguar and Land Rover labels is a group consisting of Indian manufacturers Tata Motors and Mahindra & Mahindra, and according to latest reports Ford bosses are planning to meet with the bidders ahead of due diligence scheduled for later this month. The...

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