Mahindra Major Updates

Thursday, 14 November 2024 08:04 AM Mahindra & Mahindras Thar ROXX, XUV 3XO, and XUV400 have achieved 5-star safety ratings under the Bharat New Car Assessment Programme (Bharat-NCAP). The Thar ROXX is the first body-on-frame SUV to secure this rating, with outstanding scores in adult and child occupant protection. This milestone reinforces Mahindras commitment to safety and performance. I think this is a significant step forward for Mahindra in setting new safety benchmarks in the Indian automotive market.

Monday, 11 November 2024 05:02 PM Mahindra is offering year-end discounts on several of its SUV models, including the Thar, Scorpio-N, and XUV700, to clear out stock from the 2024 model year. However, the recently launched XUV 3XO and Thar ROXX are not included in these discounts. The discounts range from cash discounts to exchange bonuses and additional accessories. I believe these discounts will help clear inventory and make room for new models.

Sunday, 03 November 2024 10:21 AM Mahindra has recorded its highest ever SUV sales in October 2024, with 54,504 vehicles sold, marking a 25% growth. This achievement is part of Mahindras overall highest ever total volumes of 96,648 vehicles in the same month. This surge in sales indicates strong consumer interest in Mahindras SUV lineup. I believe this growth is a testament to the increasing popularity of Mahindras models.

Sunday, 03 November 2024 01:55 PM Mahindras farm equipment sector recorded its highest-ever tractor sales of 64,326 units in India during October 2024, marking a 30% increase. This significant sales figure underscores Mahindras dominance in the farm equipment market. I think this is a great indicator of the agricultural sectors growth and Mahindras leadership in it.

Friday, 25 October 2024 09:44 AM Mahindra has inaugurated two state-of-the-art development test facilities: the Mahindra Passive Safety Lab (PSL) and the Battery & Cell Research Lab. These facilities are designed to enhance safety and battery technology, aligning with Mahindras focus on innovation and safety. I think these labs will play a crucial role in advancing Mahindras technological capabilities.

Friday, 25 October 2024 09:08 PM Mahindra Lifespaces has secured a 37-acre mega-deal in Bhandup, marking a significant expansion in their real estate portfolio. This deal highlights Mahindras growing presence in the real estate sector. I think this acquisition will help Mahindra Lifespaces in developing new projects and expanding their market reach.

Tuesday, 15 October 2024 06:53 AM Mahindra & Mahindra Financial Services expects a 1% year-on-year decline in overall disbursement for Q2FY25, despite strong liquidity and projected growth in business assets. This forecast is part of their H1FY25 disbursement projection, which is expected to grow by 2% YoY. I believe this slight decline is manageable given the overall growth trajectory.

Monday, 07 October 2024 03:07 PM The Thar ROXX garnered 1.76 lakh bookings within the first hour of its launch, setting a new record. Deliveries for the Thar ROXX are set to begin on Dussehra day. This overwhelming response highlights the strong market appeal of the Thar ROXX. I think this rapid booking response shows how eagerly anticipated the Thar ROXX was.

Monday, 07 October 2024 07:16 PM Mahindra has announced its entry into the electric small commercial segment with the launch of the ZEO four-wheeler. This move is part of Mahindras broader strategy to expand its electric vehicle offerings. I believe this is a smart move to tap into the growing demand for electric commercial vehicles.

Monday, 07 October 2024 06:49 AM Mahindra & Mahindras shares rose 1.5% after the company reported a 16% increase in auto sales and a 24% growth in SUV sales for September 2024. The total sales reached 87,839 vehicles, indicating strong market performance. I believe this growth reflects the companys strong product lineup and market strategy.