THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
Under the definitive agreement on powertrain sharing, Mahindra Group will develop and supply a low-displacement petrol engine to Ford India for use in its present and future vehicles. The companies will also work on the joint development of a telematics control unit following the intent to co-develop a suite of connected car solutions
Ford is developing two SUVs and an electric vehicle with the Mahindra Group for consumers in India and emerging markets.
Ford signed a memorandum of understanding with Mahindra Group to strengthen its commitment to India and support Mahindra’s expansion into other global markets.
Ssangyong Motor Co., South Korean unit of India’s Mahindra & Mahindra Ltd., is expanding its sales into the Middle East by granting the Saudi National Automoibile Manufacturing Co. (SNAM) a license to assemble and ship its vehicles in Saudi Arabia starting in 2020.
This partnership will allow individuals to purchase the all-electric Mahindra e2oPlus on Zoomcar’s platform, list the vehicle for rental when not in use, and earn cash to help offset the monthly ownership costs.
With India’s growing new-vehicle market making way for accelerated growth in its used-vehicle market, Cox Automotive has made a strategic investment in Mahindra First Choice Wheels Ltd.
Mahindra & Mahindra Ltd., a part of the U.S. $16.9 billion Mahindra Group, has launched two new vehicles simultaneously from its all new product platform, Supro.
Mahindra & Mahindra Ltd., a part of the US $16.9 billion Mahindra Group, has launched its all new small commercial vehicle, Jeeto from its Zaheerabad plant in the state of Telangana, India.
SsangYong Motor Company is launching its Tivoli compact SUV to join a competitive automotive segment. The Tivoli is the first vehicle SsangYong Motor Company has produced since Mahindra & Mahindra took over four years ago.
Mahindra USA and Intimidator Inc. will introduce a line of utility vehicles early next year.