Mahindra

  • Mahindra Racing Formula E electric race 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 offers a line of electric cars through its Mahindra Reva Company, so joining Formula E is a natural step for a company keen to promote its zero-emission range. Mahindra is also no stranger to international motorsport, as Mahindra Racing is already established within the two-wheeled world of the...

  • 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...

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    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...

  • 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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