Keyword: mahindra
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India's Mahindra & Mahindra Ltd. is expanding in Auburn Hills and Pontiac with plans to launch an off-road vehicle in the U.S. The plans, which include bringing the company's North American automotive headquarters and off-road vehicle manufacturing to Auburn Hills, are expected to generate a total capital investment of $22.3 million and create 105 jobs. It was awarded an $850,000 performance-based grant from the Michigan Strategic Fund, the Michigan Economic Development Corp. announced Monday. "The fact that Mahindra has established new operations centers here for the third time in four years is a testament to Michigan's global leadership in automotive...
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HOUSTON, TEXAS: Anand Mahindra-led Mahindra group will double the number of American employees at its North American farm equipment business, the move coming at a time when President Donald Trump has asked companies to increasingly hire locals to manage business in the US. Mahindra USA (MUSA), that manages the group's tractor and farm utility vehicles (UTVs) business, is also considering setting up a factory in America in line with the expansion of business, which has grown nearly five-fold over the last few years. MUSA recorded revenues of $600 million last year as it sold 32,000 units, with tractors accounting for...
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Mahindra & Mahindra Ltd., seeking to dodge costly import duties on its pioneering India-made pickups, may buy an existing U.S. plant to build them. Pravin Shah, Mahindra's executive vice president of international operations, told reporters today in New Delhi that such a purchase would be Mahindra's most economically feasible path. "We are exploring various options," he said. The comments signal a change in Mahindra's U.S. strategy. In May, senior company officials said they would most likely avoid the 25 percent "chicken tax" on imported pickups by having a third-party manufacturer assemble the trucks here from knock-down kits. Mahindra, which already...
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Unless you drive one of its tractors, Mahindra & Mahindra Ltd. is an unfamiliar name. That should change as the company enters the U.S. truck market by year’s end. Two Hampton Roads automobile dealers have bought territories: Beach Ford Lincoln Mercury for Suffolk and Cavalier Auto Group for Chesapeake, Norfolk, Portsmouth and Virginia Beach. "We really wanted it if we could get the entire market," said Steve Klimkiewicz, vice president of Cavalier Auto Group, which will open showrooms on the site of its wholesale used car store on Military Highway in Chesapeake and in Saturn of Virginia Beach's used car...
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Mahindra says it plans to start sending two- and four-door versions of a truck — here, it is called simply the Pik-Up — to the United States by year-end. Its distribution partner is Global Vehicles U.S.A., an Atlanta-based importer. The second act is to come next year with imports of a version of the Scorpio that I tested, modified for American tastes and standards. snip Mahindra’s American strategy is to offer high value and good mileage from efficient diesel engines. snip For people willing to take a look, the Mahindra should stand out, with quirky looks, a tough-truck résumé and...
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Indian automaker Mahindra & Mahindra Ltd. will shake up the U.S. truck market next year when it introduces a new midsize pickup called the Appalachian sporting a 2.2L four-cylinder diesel engine producing around 150 horsepower and 300 pound feet of torque. Speaking with Mike Levine from Pickuptruck.com, John Perez, the CEO of Atlanta-based importer Global Vehicles U.S.A. that's aiding Mahindra's entry into the U.S. market, revealed that the truck will deliver 30 to 35 miles per gallon and cost in the mid-$20,000 range. It will be paired with a six-speed automatic that's controlled via a floor-mounted shifter or paddle...
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Mahindra, the Indian automaker, is planning to introduce a 2.2-liter 4 cylinder diesel pickup in the USA in the summer of 2009. The engine numbers are not yet final but it is expected to produce 150 horsepower and 300 foot pounds of torque for 28 to 35 miles per gallon plus it will have a standard six-speed automatic transmission, a floor mounted console shifter, and steering wheel mounted paddles to manually shift the gearbox. It will be available in 2 and 4 wheel drive versions, plus have a U.S. exclusive interior that’s been designed to American tastes (and sizes)...
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BANGALORE, India, Nov. 16 — India’s leading sport utility maker plans to sell its S.U.V.’s and pickup trucks in the United States through an American distributor, bringing Indian-made vehicles to the United States for the first time. “Half of the global sales in S.U.V.’s and pickups is in the United States and we want to capture at least a fraction of that to start with,” said Pawan Goenka, president of the automotive division of Mahindra & Mahindra, the Indian manufacturer. The United States is the “ultimate market,” he said in a telephone interview from Mumbai. Mahindra & Mahindra plans to...
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