Mahindra And Mahindra

'It's like a partial exit,' one source says

Mahindra is a major tractor manufacturer and has been building EVs for years.

Indian automaker Mahindra is reportedly close to finalizing a deal to buy the famous Italian design house Pininfarina. The two sides have been negotiating the deal for weeks, anonymous insiders indicated.

Three weeks, ago Businessweek reported that Investment Dar, Inc. was looking to shed its majority stake in Aston Martin. The Kuwait-based financial firm is apparently seeking to restructure its debt load and has sought $800 million for its 64-percent share in the English automaker. That amount compares to the $925 million that it took for a consortium

With apologies to the Beatles, it's been a long and winding road for those waiting to get their hands on the steering wheel of a small, diesel-powered pickup from Mahindra. Here's the good news: Something definitive has finally been heard from the Indian automaker. Here's the bad news: It's bad news.

In 2004, Indian automaker Mahindra & Mahindra began courting U.S. auto dealers to build a network of outlets for its trucks and SUVs. Eventually, the company had accumulated $9.5 million in fees from prospective dealers itching to sell Mahindra-branded vehicles.

It appears that a British arbitration panel has shattered any hopes of seeing a small diesel Mahindra pickup truck in the States. According to PickupTrucks.com, the panel ruled in favor of the Indian automaker in Global Vehicles' lawsuit against the company, saying the contract between the two companies had expired. Furthermore, Mahindra was not found to have violated any U.S. laws. The ruling is the final chapter in a saga that began six years

Fans of small, fuel-efficient pickup trucks: We hate to tell you this, but it's becoming increasingly clear that Mahindra's long-awaited entry into the United States market just isn't going to happen anytime soon. We're just as disappointed as the rest of you – with the recent demise of the Ford Ranger, there simply aren't any truly compact trucks left in American dealership showrooms.

Never before has such a little truck had to haul so much baggage. It's been years that we've waited for Mahindra's T20 and T40 pickups to finally make it to America, and with a dispute between Mahindra & Mahindra's erstwhile U.S. Importer, GV USA, taking a long time to be settled by arbitrators in London, and dealers filing suits against both Mahindra and GV USA.

In a world where physics holds no sway, one cop is ready to take on corrupt politicians and the mobsters that pay them off... or something. Honestly, we don't care about the plot to Singham - a Bollywood remake of the 2010 Tamil film of the same name. What we do enjoy is watching two Mahindra SUVs playing bit parts in an action-adventure that's one part Lethal Weapon and two parts Naked Gun. If nothing else, the lead

Indian automaker Mahindra has announced that its first global SUV will be called the XUV500, pronounced "five double-o." The company says the vehicle's design was influenced by input from buyers all over the globe, including unnamed western markets, South Africa and, of course, India. The XUV500 will be the first unibody SUV from Mahindra to feature a transverse engine, which means that there's a good chance it'll have a front-wheel drive bias. Beyond that, details on the new SUV are scarce.

After Mahindra notoriously backed out of a deal with a U.S. supplier, Compact pickup fans are still licking their wounds over the news that the company's trucks won't be coming to our shores anytime soon. As it turns out, Global Vehicles USA may not be the only American company to have been wronged by Mahindra. According to The Post-Standard, electric car start-up Bannon Auto

Indian automaker Mahindra & Mahindra has officially sunk its teeth into South Korean automaker Ssangyong to the tune of $463.6 million. For that low, low price Mahindra has effectively walked away with a 70 percent controlling stake in Ssangyong through the purchase of newly released shares in the company and existing corporate bonds. The move follows up on a pact to acquire Ssangyong tha

Complete with colorful dancers and Bollywood superstar Amir Khan, Mahindra and Mahindra Ltd announced its entry into the two-wheeled market with the launch of two new models. The Mojo and Stallio are the culmination of a plan put into action back in 2008, when the giant Indian manufacturer purchased Italian design firm Engines Engineering, which claims responsibility for the styling of t

India's Mahindra & Mahindra may be joining forces with South Korea's Ssangyong to share technology, costs and to create one of the biggest producers of SUVs in the world.