Mahindra plans to build tractors in US
Mahindra & Mahindra is planning to build a tractor manufacturing plant in the US within 3-5 year in order to meet the growing demand for its product in the country. With the setting up of the new plant, the company will also move into the bigger segment of tractors that is up to 160 hp.
The company is growing in the US market in the range of around 20-30%, with a 12-13% market share in the up to 120 hp tractor segment. Read More
M&M launches Jeeto Minivan
Mahindra & Mahindra, a part of the Mahindra Group, announced the launch of the Jeeto Minivan, its passenger carrier developed on the Jeeto platform.
The Jeeto Minivan is best suited for urban and semi-urban modes of transportation and will cater to last mile connectivity, contract and stage carriage use for tour/travel purposes and intra-city people movement. Read More
Maruti Suzuki to revamp sales outlets to attract young buyers
Maruti Suzuki India Maruti Suzuki India (MSI) seems to be on an expansion mode as the car maker is going to set up individual service outlets for its premium retail chain Nexa and plans to set up 300 of these by 2019-20.
The company currently has 250 Nexa showrooms and in the current fiscal plans to set up 60-70 Nexa service outlets and by 2019-20 the number will go up to 300, reported a news agency. Read More
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