Mahindra Renault News in India

630 days ago
Sep 02, 2010

Auto sales in August 2010 continue to grow on new launches, easy loans

Passenger car sales in India continued to grow at double-digit rates in August 2010 owing to easy availability of finance and several new model and variant launches. Market leader Maruti Suzuki reported its highest ever monthly sales at 1.04 lakh units, up from 84,808 units in August 2009. The company’s domestic sales in August 2010 stood at...
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687 days ago
Jul 07, 2010

Bajaj, Renault-Nissan to produce small car under OEM partnership

Bajaj Auto and Renault-Nissan will be producing their much-talked-about low-cost car under an OEM arrangement and not a joint venture as was earlier believed. Following Bajaj Auto’s recent clarification that the companies did not intend to form a new corporate entity, a Renault-Nissan official confirmed that the partnership was always meant to be...
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702 days ago
Jun 22, 2010

Renault to launch new premium hatchback by mid-2012

French auto company, Renault, which recently pulled out of a joint venture with Mahindra & Mahindra, is planning to launch a new hatchback in India by the middle of 2012. The car is likely to be built on a V-platform, also used in the Nissan Micra, and will compete with the VW Polo, the Maruti Swift and the Honda Jazz. Renault will also launch an...
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717 days ago
Jun 07, 2010

Auto industry maintains high sales growth in May 2010 inspite of increased prices

The Indian auto industry continued to grow at a rapid pace in May 2010, in spite of repeated price hikes following the announcement of Budget 2010. Maruti Suzuki did particularly well, posting its highest ever domestic sales in the month at 90,041 units – 27 percent higher than its sales in May 2009. The company’s total sales in May 2010 stood at...
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726 days ago
May 29, 2010

M&M, Ruia, Renault bid for bankrupt Korean company, Ssangyong

Auto company Mahindra & Mahindra and the Kolkata-based Ruia Group have both put in their bids to buy the bankrupt South Korean company, Ssangyong Motor Corp. Other bidders include French carmaker Renault, Korean aluminium producer, the SM Group, and the local manufacturer of Daewoo buses. The bids are estimated to have ranged from $300 million to...
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749 days ago
May 06, 2010

Renault may sell electric vehicles in India

French car company Renault is planning to introduce electric vehicles (EVs) in India sometime soon. According to media reports, Renault is currently looking for an alliance partner to sell EVs with. One of these is the Bangalore-based electric car maker, Reva, which has a similar alliance with American company, General Motors. The partner company...
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749 days ago
May 06, 2010

Bajaj-Renault low-cost car to deliver 30 km/litre: Rajiv Bajaj

The low-cost car being developed by Bajaj Auto, in partnership with Renault-Nissan, will deliver a mileage of 30 km/litre, which is considerably higher than the Tata Nano’s 20 km/litre. The car will emit less than 100 grams of carbon dioxide in a kilometre-long drive, making it the least polluting car in the country, said Bajaj Auto MD, Mr Rajiv...
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753 days ago
May 02, 2010

Passenger car sales grow in April 2010

After the end of a successful financial year in March 2010, passenger car companies in India continued on their upward trajectory in April 2010. Maruti Suzuki’s total domestic sales stood at 80,034 units in April 2010, up from 64,857 units in April 2009 – an increase of 23.4 percent. While the company’s passenger car sales grew substantially, its...
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768 days ago
Apr 17, 2010

Mahindra, Renault JV ends; M&M to continue selling Logan

Mahindra-Renault Private Limited (MRPL), the joint venture between Mahindra & Mahindra (M&M) and Renault, has come to an end with M&M deciding to buy out Renault’s 49 percent stake in the venture. The companies issued a joint statement last week saying that M&M would get full control of the venture, and would continue to produce and sell the Logan...
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778 days ago
Apr 07, 2010

Renault, Daimler, Nissan form alliance to develop small cars, LCVs

Daimler AG and Renault-Nissan last week formed an alliance to jointly develop small cars and Light Commercial Vehicles (LCVs). Under the new agreement, Renault-Nissan will supply powertrains to Daimler for its micro-cars and Mercedes-Benz’s premium compact cars, while Daimler itself will supply engines to Nissan for its luxury division –the...
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