Mahindra & Mahindra
CCI approves M&M-Ford joint venture in India
11 Feb 2020
Ford will retain the Ford engine plant in Sanand as well as the global business services unit, Ford Credit and Ford Smart Mobility, and transfer the remaining to the joint venture in which M&M will hold 51 per cent and Ford the remaining 49 per cent
Mahindra XUV300 beats Tata Nexon with highest safety rating in India
21 Jan 2020
Besides the 5-star safety rating for adult passenger, Mahindra XUV300 has scored the highest 37.44 points out of a potential 49 points on child occupant protection
Anand Mahindra to step down as chairman of Mahindra & Mahindra
20 Dec 2019
Anand Mahindra will step down as executive chairman and assume the role of non-executive chairman effective 1 April 2020 while Pawan Kumar Goenka will continue as managing director of M&M with the additional role of CEO
Mahindra-owned Peugeot enters European e-scooter market with Peugeot E-Ludix
12 Nov 2019
The e-scooter, being manufactured at Mahindra Two Wheelers’ Pithampur plant in Madhya Pradesh, is yet to announce its India market plans
Mahindra to invest Rs650 cr for 51% stake in JV with Ford
01 Oct 2019
The joint venture will help both companies to deliver operational excellence and value to stakeholders through greater economies of scale, including optimised sourcing, product development, use of relevant technologies and a global reach
Ford nearer to India JV deal with Mahindra: report
25 Sep 2019
Under the joint venture deal structure after months of discussions, Ford will hold 49 per cent while Mahindra will own 51 per cent, according to a Reuters report
