Indian automaker Mahindra & Mahindra will present its bid for Italian design house Pininfarina this month. Continue Reading...
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India’s largest maker of SUVs is eyeing the U.S. market again. Continue Reading...
India’s largest SUV manufacturer is eyeing the company responsible for designing the Ferrari Testarossa. Continue Reading...
Sometime in the not-too-distant future there could be a new Korean car brand showing up in North American auto malls. Continue Reading...
Indian automaker Mahindra and Mahindra is hoping to close a deal on Aston Martin by the end of this week, having topped a previous offer from Italian private equity firm InvestIndustrial. Continue Reading...
South Korea just got themselves a new pickup truck when SsangYong released their new Korando Sports to the market. Based off of their SUT 1 concept that debuted at the 2011 Geneva Motor Show, SsangYong is calling the Korando Sports an LUV – Leisure Utility Vehicle. What is interesting though is the fact that the… Continue Reading...
While Hyundai and Kia are the best known Korean automakers, Ssangyong, still exists in the rest of the world, and the automaker (who has never sold vehicles in North America) has some very ambitious goals for the near future. Ssangyong wants to sell 160,000 vehicles worldwide by 2013, and hopes to raise that number to… Continue Reading...
Is America ready for another strange-sounding offshore nameplate? That answer seems irrelevant in light of Ssangyong’s new plans to introduce their vehicles in America by 2016, with a goal to be in the marketplace by 2013. Ssangyong has a history of making fairly rugged SUVs that have been sold in global markets. While their previous… Continue Reading...
Perhaps he’s referring to Imperial miles per gallon instead of US measurements – even still, 21 mpg US results in 25 imperial miles per gallon and the Mahindra truck would have to get at least 25 mpg US on the highway to achieve the hallowed 30 mpg (Imperial); there’s also the factor of variables such... Continue Reading...
BAIC currently owns the tooling, intellectual property and powertrain technology from the current Saab 9-3, which it purchased from General Motors and is already working on several new cars based on this platform, a new Pininfarina styled 9-3 could be one of them. Continue Reading...
India’s Mahindra will buy troubled Korean carmaker Ssangyong for $463 million, with Mahindra gaining a 70% stake in the company. The deal is expected to conclude in March, 2011. “Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while Ssangyong has strong capabilities in technology,” Mahindra President Pawan Goenka said in… Continue Reading...
Beleaguered Indian truck manufacturer Mahindra has had their American launch delayed indefinitely, thanks to a series of legal battles between Mahindra and vehicle importer Global Vehicle Sales USA. Global Vehicles argues that Mahindra wrongfully terminated the contract between the two companies. “The bottom line here is Mahindra now believes this is a huge project. They… Continue Reading...
Now that they have, Mahindra still wants to rescind the contract between it and GV, but there’s evidence to suggest that the company’s argument won’t hold up in court. Continue Reading...
Now, that clause has come to mean something slightly different: GV, having invested several million dollars up front to secure a distribution network for the trucks is now out in the cold and Mahindra is washing its hands clean. Continue Reading...
According to an official press release on Mahindra’s US website “the agreement dated 26th September 2006, between Mahindra and GV” has been “terminated.” Continue Reading...
India’s Mahindra has nearly completed a purchase of Korean carmaker circus freakshow Ssangyong, maker of the world’s ugliest vehicles. “We give the takeover candidate (Mahindra and Mahindra) an exclusive right for negotiation, and won’t be involved in any takeover-related activities with a third party,” Ssangyong said in a statement. Financial terms were not announced but… Continue Reading...
The Jeep Comanche has a small but dedicated following of fans, but the venerable brand hasn’t been too interested in returning to the segment – until now. With the Mahindra pickup on the way and demand for the Ford Ranger still at passable levels, Jeep CEO Mike Manley says compact trucks are an area that he is… Continue Reading...
However, according to a statement from Pawan Goenka, Mahindra’s President of Automotive Operations, the US launch has been postponed – from Spring until December 2010. Continue Reading...
The Israeli Defence Force already uses the Hummer H1 and the Toyota Hilux pickup for various duties, but now, one of the worlds most ferocious fighting forces is looking to add a frugal Ford to their lineup. Israeli newspaper Haaretz is reporting that the IDF is looking into the Ford Escape Hybrid as a support… Continue Reading...
India’s Mahindra is gearing up to sell its pickups in the United States and has recently completed all the necessary tests to gain approval for the diesel-powered truck. However, Mahindra’s US importer has already missed two launch dates, and is gearing up for a third, this time with the necessary modifications made for regulatory approval…. Continue Reading...