Archive for the ‘Mahindra & Mahindra’ Category

Midsize Truck War May Heat Up Fast

Once seemingly dead, market is going to get crowded fast.

by on Nov.07, 2018

The new Ford Ranger is likely to be just the first of a wave of new midsize trucks.

Once written off for dead – or at least dying – the midsize pickup market is coming back with a bang, but not only are sales on the rise, but also is the number of players entering, or returning, to the segment.

The question facing the industry is whether the list of brands might be growing too fast and too large, something that could make it hard for anyone to turn a profit.

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Among the latest to target the U.S. midsize market are Ford and Jeep, both returning after lengthy absences. But Volkswagen could be eyeing its opportunities, as well as Mahindra & Mahindra, the Indian automaker that recently begun building off-road vehicles at a small plant in the Detroit suburbs. And Hyundai is moving forward with the development of a car-based compact pickup based on the Santa Cruz concept of a few years back. (more…)

Ford, VW Looking at Potentially Major Alliance

Update: Ford rules out merger or equity swap with VW.

by on Oct.18, 2018

Ford Motor Co. entered into a MoU with Volkswagen AG to work on some undetermined projects.

(This story has been updated to reflect comments from Ford ruling out a merger or equity swap.)

Like many an automotive manufacturer, Ford Motor Co. has been forming alliances with erstwhile rivals such as General Motors in a bid to reduce development costs and speed new products to market. But one potential partnership has been generating widespread buzz in industry circles, observers wondering just how far Ford might take things with German giant Volkswagen AG.

The two companies inked an MoU, or memorandum of understanding, announcing they will explore a number of possible projects, including the joint development and production of commercial vehicles.

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But industry analysts are now suggesting such a partnership could reach far beyond the commercial vehicle market, some even wondering whether there could be full-fledged merger or, at the least, an equity swap, in their future. (more…)

Ford Expands Alliance with Mahindra Group

New deal comes on heels of partnership with VW.

by on Oct.18, 2018

Ford and Mahindra officials, including Ford's Jim Farley, (l), celebrate the signing of their first alliance. The two sides added two new agreements.

(This story has been updated to more accurately represent partnership between Volkswagen and Ford.)

Just a day after rumors circulated about the state of its open-ended partnership with Volkswagen AG, Ford Motor Co. expanded its alliance with India’s Mahindra Group.

The two companies this week signed new agreements on sharing powertrains and connected car solutions to reinforce the progress made in the strategic alliance between the two companies, first announced in September 2017 and followed with five Memoranda of Understanding.

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“We are pleased with the progress our teams have made since we announced our strategic alliance with Mahindra Group a year ago,” said Jim Farley, Ford executive vice president and president of Global Markets. (more…)

FCA Aims to Ban India’s Mahindra Over Jeep Look-Alike

Case going before International Trade Commission.

by on Aug.03, 2018

Mahindra is ramping up U.S. production of its Roxor SUV, which Fiat Chrysler is attempting to block.

Fiat Chrysler Automobiles wants the International Trade Commission to block Mahindra & Mahindra Ltd. from selling its Roxor model through the new U.S. dealership its setting up because the SUV looks too much like a Jeep.

It’s the latest in a series of battles Detroit automakers have faced, many of them in China, as they try to prevent emerging competitors from marketing knock-offs and, in some cases, even using nearly identical model and brand names.

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In the case of the Roxor, FCA’s complaint to the Trade Commissions alleges the Indian SUV is “a nearly identical copy of the iconic Jeep design,” as was ‘modeled after the original Willys Jeep.” (more…)

Italian Design House Pinfarina Reveals 1st Teaser of New Electric Luxury Car

“World’s newest car brand” also appoints first Board of Directors.

by on Jul.10, 2018

Automobili Pininfarina revealed PF0 concept design images ahead of private client viewings of the all-electric ultra-luxury hypercar.

Italian design house Pininfarina has gone through plenty of changes in recent years, starting with a financial meltdown and its acquisition by India’s Mahindra & Mahindra. In April, the renamed Automobile Pininfarina announced plans to become a luxury auto brand focused on electric vehicles, and it’s now offering up a teaser image of what it will officially debut less than two months from now.

The rendering you see here of what will be called the PF0 was accompanied by an announcement that Pininfarina has appointed its first Board of Directors. That includes long-time automotive insider Michael Perschke, who will serve as the start-up carmaker’s chief executive officer. Former Volvo exec Per Svantesson has been named Automobili Pininfarina’s chief operating officer.

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“Automobili Pininfarina is a pioneering new business created to service the most discerning clients in the world,” said Perschke, in a prepared statement “Our product portfolio will launch with an innovative, zero-emissions hypercar that represents the progression we aim to make at the pinnacle of the luxury and sports car market.” (more…)

Ford and Mahindra Teaming Up on New SUVs and an EV

Partnership focuses on India but could target “other markets.”

by on Mar.23, 2018

Even as Ford and Mahindra lay out plans for the Indian market, Mahindra is ramping up U.S. production of its Roxor SUV.

After agreeing to form a strategic alliance last year, Ford and India’s Mahindra & Mahindra now plan to jointly develop at least two new sport-utility vehicles, as well as an electric vehicle.

The two manufacturers say they will initially target the fast-growing Indian market where Ford has been trying to expand its presence. But they eventually may look at opportunities in “other markets,” according to a source in the U.S.

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“Today’s announcement is the next step in the collaboration between Mahindra and Ford,” said Pawan Goenka, Managing Director, Mahindra and Mahindra Ltd. “Both teams are working together on joint development areas in keeping with industry requirements and leveraging mutual strengths. We are excited about the synergies unveiled through this collaboration and the potential opportunities it will bring.”

(more…)

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