Mahindra & Mahindra (M&M) Indian leading SUVs maker on 23 Nov said it has signed a definitive agreement with Korean(South) Automaker SsangYong Motor Company (SYMC) to acquire 70 percent stake for $463 million which include $378-million of new SsangYong stocks and $85-million of SsangYong bonds.
M&M said it acquisition may be done by end of March 2011.
Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.
Mahindra & Mahindra (M&M) has signed a tripartite agreement that contains provisions for employment protection, long-term investment and commitment for no labor dispute. SsangYong is likely to retain Korean management after the acquisition.
"The coming together of Mahindra and SsangYong will result in a competitive global UV player. Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while SsangYong has strong capabilities in technology," M&M president (automotive & farm equipment sectors) Pawan Goenka said.
He said there was also an opportunity to introduce a premium portfolio of SUVs in the Indian market, providing a new growth avenue for SsangYong and "further strengthen our dominant position in the UV segment".
SsangYong Motors is a major manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV), thus giving Mahindra & Mahindra (M&M) a wide market to make mark.
Src: [NDTV]
Showing posts with label mahindra. Show all posts
Showing posts with label mahindra. Show all posts
Tuesday, November 23, 2010
Mahindra & Mahindra's SsangYong acquisition is almost done, pays $ 463 million for 70% authority
Mahindra & Mahindra (M&M) Indian leading SUVs maker on 23 Nov said it has signed a definitive agreement with Korean(South) Automaker SsangYong Motor Company (SYMC) to acquire 70 percent stake for $463 million which include $378-million of new SsangYong stocks and $85-million of SsangYong bonds.
M&M said it acquisition may be done by end of March 2011.
Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.
Mahindra & Mahindra (M&M) has signed a tripartite agreement that contains provisions for employment protection, long-term investment and commitment for no labor dispute. SsangYong is likely to retain Korean management after the acquisition.
"The coming together of Mahindra and SsangYong will result in a competitive global UV player. Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while SsangYong has strong capabilities in technology," M&M president (automotive & farm equipment sectors) Pawan Goenka said.
He said there was also an opportunity to introduce a premium portfolio of SUVs in the Indian market, providing a new growth avenue for SsangYong and "further strengthen our dominant position in the UV segment".
SsangYong Motors is a major manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV), thus giving Mahindra & Mahindra (M&M) a wide market to make mark.
Src: [NDTV]
M&M said it acquisition may be done by end of March 2011.
Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.
Mahindra & Mahindra (M&M) has signed a tripartite agreement that contains provisions for employment protection, long-term investment and commitment for no labor dispute. SsangYong is likely to retain Korean management after the acquisition.
"The coming together of Mahindra and SsangYong will result in a competitive global UV player. Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while SsangYong has strong capabilities in technology," M&M president (automotive & farm equipment sectors) Pawan Goenka said.
He said there was also an opportunity to introduce a premium portfolio of SUVs in the Indian market, providing a new growth avenue for SsangYong and "further strengthen our dominant position in the UV segment".
SsangYong Motors is a major manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV), thus giving Mahindra & Mahindra (M&M) a wide market to make mark.
Src: [NDTV]
Mahindra & Mahindra's SsangYong acquisition is almost done, pays $ 463 million for 70% authority
Mahindra & Mahindra (M&M) Indian leading SUVs maker on 23 Nov said it has signed a definitive agreement with Korean(South) Automaker SsangYong Motor Company (SYMC) to acquire 70 percent stake for $463 million which include $378-million of new SsangYong stocks and $85-million of SsangYong bonds.
M&M said it acquisition may be done by end of March 2011.
Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.
Mahindra & Mahindra (M&M) has signed a tripartite agreement that contains provisions for employment protection, long-term investment and commitment for no labor dispute. SsangYong is likely to retain Korean management after the acquisition.
"The coming together of Mahindra and SsangYong will result in a competitive global UV player. Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while SsangYong has strong capabilities in technology," M&M president (automotive & farm equipment sectors) Pawan Goenka said.
He said there was also an opportunity to introduce a premium portfolio of SUVs in the Indian market, providing a new growth avenue for SsangYong and "further strengthen our dominant position in the UV segment".
SsangYong Motors is a major manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV), thus giving Mahindra & Mahindra (M&M) a wide market to make mark.
Src: [NDTV]
M&M said it acquisition may be done by end of March 2011.
Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.
Mahindra & Mahindra (M&M) has signed a tripartite agreement that contains provisions for employment protection, long-term investment and commitment for no labor dispute. SsangYong is likely to retain Korean management after the acquisition.
"The coming together of Mahindra and SsangYong will result in a competitive global UV player. Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while SsangYong has strong capabilities in technology," M&M president (automotive & farm equipment sectors) Pawan Goenka said.
He said there was also an opportunity to introduce a premium portfolio of SUVs in the Indian market, providing a new growth avenue for SsangYong and "further strengthen our dominant position in the UV segment".
SsangYong Motors is a major manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV), thus giving Mahindra & Mahindra (M&M) a wide market to make mark.
Src: [NDTV]
Mahindra & Mahindra's SsangYong acquisition is almost done, pays $ 463 million for 70% authority
Mahindra & Mahindra (M&M) Indian leading SUVs maker on 23 Nov said it has signed a definitive agreement with Korean(South) Automaker SsangYong Motor Company (SYMC) to acquire 70 percent stake for $463 million which include $378-million of new SsangYong stocks and $85-million of SsangYong bonds.
M&M said it acquisition may be done by end of March 2011.
Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.
Mahindra & Mahindra (M&M) has signed a tripartite agreement that contains provisions for employment protection, long-term investment and commitment for no labor dispute. SsangYong is likely to retain Korean management after the acquisition.
"The coming together of Mahindra and SsangYong will result in a competitive global UV player. Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while SsangYong has strong capabilities in technology," M&M president (automotive & farm equipment sectors) Pawan Goenka said.
He said there was also an opportunity to introduce a premium portfolio of SUVs in the Indian market, providing a new growth avenue for SsangYong and "further strengthen our dominant position in the UV segment".
SsangYong Motors is a major manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV), thus giving Mahindra & Mahindra (M&M) a wide market to make mark.
Src: [NDTV]
M&M said it acquisition may be done by end of March 2011.
Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.
Mahindra & Mahindra (M&M) has signed a tripartite agreement that contains provisions for employment protection, long-term investment and commitment for no labor dispute. SsangYong is likely to retain Korean management after the acquisition.
"The coming together of Mahindra and SsangYong will result in a competitive global UV player. Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while SsangYong has strong capabilities in technology," M&M president (automotive & farm equipment sectors) Pawan Goenka said.
He said there was also an opportunity to introduce a premium portfolio of SUVs in the Indian market, providing a new growth avenue for SsangYong and "further strengthen our dominant position in the UV segment".
SsangYong Motors is a major manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV), thus giving Mahindra & Mahindra (M&M) a wide market to make mark.
Src: [NDTV]
Saturday, October 9, 2010
NEW MAHINDRA BOLERO ATTITUDE SPECIFICATIONS AND EXCITING FEATURES
| MAHINDRA BOLERO ATTITUDE TECHNICAL SPECIFICATIONS | |
| ENGINE | 2498cc, CRDe |
| MAX. POWER | 97Bhp @ 3800rpm |
| MAX. TORQUE | 255Nm @ 1800rpm |
| BODY TYPE | SUV |
| SEGMENT | C Segment |
| FUEL TYPE | Diesel |
| SUSPENSION | IFS Coil Spring, Rigid Leaf Springs |
| TYRES | 215/75 R 15 |
| BRAKES | Front:- Disk Rear :- Drum |
| TRANSMISSION | 5 - Speed, Manual |
| STEERING | Power |
| SEATING CAPACITY | 2 |
| GROUND CLEARANCE | 200 mm |
| TANK CAPACITY | 60 Liters |
| TOP SPEED | 125 km/h |
| MILEAGE | Highway :- 14 km/L City :- 10km/L |
| PRICE | Rs. 11,75,000/- |
Key Features of Mahindra Attitude:-
Exterior
- Body modified to convert a 5 door to a 2 door
- Halogen Projector Lamp
- Custom made headlamp bezel
- Modified front bumper
- Styled front grill
- Bumper mounted towing rings
- Auxiliary lamps mounted on rear roll cage
- Bonnet scoop
- Body claddings
- Wheel arches with allen head studs
- Alloy wheels
- Sideguards with checkered inset step ins
- Motorized ORVM
- Custom made driver and co-driver door glass
- Restyled "B" pillar bezel
- Bumper mounted lamps
- Rear towing hook
- Custom built rear bumper
- Custom made triple pipe rear roll cage in Stainless steel
- Modified tail lamp with bezel
- Jerry Cans on tail gate
- Twin exhausts
- Rear number plate bezel
- Stainless steel mesh inside grills & bezels
- Brake Caliper custom painting
- Rear auxiliary lamp connected to the reverse gear
- Roof marker lamps
- Body mounted Pick axe & spade
- Cargo cover in see through canopy
- Cargo bay mounted spare wheel behind driver
- Motorized antenna on tail gate
Interior
- Puddle lamps
- Reading lamp
- Roof lamps
- Moulded sunvisors with illuminated vanity mirror
- Motorized ORVM
- Interiors in a combo of black with orange
- Modified dash with round A/C vents with chrome rings
- Dash bezels in matt orange finish
- Door trims in black with orange tint
- Cargo bay treatment
- Color coded Instrument cluster in black & orange
- Ipod docking station – Harmenn Karden
- MP3 player with Bluetooth
- Black inner linings for all interior trims
- Custom made matts
- Black carpet
- Moulded Pillar claddings
- Motorized Sunroof assembly
- Xylo Driver & co-driver seats
- Leather upholstery in black with orange stitch
Tags:- Mahindra, Mahindra Bolero Attitude, Mahindra Bolero Attitude specifications, Mahindra Bolero Attitude technical specifications, Mahindra Bolero Attitude specs, Mahindra Bolero Attitude features, Mahindra Bolero Attitude details, Mahindra Bolero Attitude price, Mahindra Bolero Attitude mileage, Mahindra Bolero Attitude engine, Mahindra Bolero Attitude power, Mahindra Bolero Attitude topspeed, Mahindra Bolero Attitude pictures, Mahindra Bolero Attitude pics, Mahindra Bolero Attitude wallpapers, Mahindra Bolero Attitude stills, Mahindra Bolero Attitude photogallery
NEW MAHINDRA BOLERO ATTITUDE SPECIFICATIONS AND EXCITING FEATURES
| MAHINDRA BOLERO ATTITUDE TECHNICAL SPECIFICATIONS | |
| ENGINE | 2498cc, CRDe |
| MAX. POWER | 97Bhp @ 3800rpm |
| MAX. TORQUE | 255Nm @ 1800rpm |
| BODY TYPE | SUV |
| SEGMENT | C Segment |
| FUEL TYPE | Diesel |
| SUSPENSION | IFS Coil Spring, Rigid Leaf Springs |
| TYRES | 215/75 R 15 |
| BRAKES | Front:- Disk Rear :- Drum |
| TRANSMISSION | 5 - Speed, Manual |
| STEERING | Power |
| SEATING CAPACITY | 2 |
| GROUND CLEARANCE | 200 mm |
| TANK CAPACITY | 60 Liters |
| TOP SPEED | 125 km/h |
| MILEAGE | Highway :- 14 km/L City :- 10km/L |
| PRICE | Rs. 11,75,000/- |
Key Features of Mahindra Attitude:-
Exterior
- Body modified to convert a 5 door to a 2 door
- Halogen Projector Lamp
- Custom made headlamp bezel
- Modified front bumper
- Styled front grill
- Bumper mounted towing rings
- Auxiliary lamps mounted on rear roll cage
- Bonnet scoop
- Body claddings
- Wheel arches with allen head studs
- Alloy wheels
- Sideguards with checkered inset step ins
- Motorized ORVM
- Custom made driver and co-driver door glass
- Restyled "B" pillar bezel
- Bumper mounted lamps
- Rear towing hook
- Custom built rear bumper
- Custom made triple pipe rear roll cage in Stainless steel
- Modified tail lamp with bezel
- Jerry Cans on tail gate
- Twin exhausts
- Rear number plate bezel
- Stainless steel mesh inside grills & bezels
- Brake Caliper custom painting
- Rear auxiliary lamp connected to the reverse gear
- Roof marker lamps
- Body mounted Pick axe & spade
- Cargo cover in see through canopy
- Cargo bay mounted spare wheel behind driver
- Motorized antenna on tail gate
Interior
- Puddle lamps
- Reading lamp
- Roof lamps
- Moulded sunvisors with illuminated vanity mirror
- Motorized ORVM
- Interiors in a combo of black with orange
- Modified dash with round A/C vents with chrome rings
- Dash bezels in matt orange finish
- Door trims in black with orange tint
- Cargo bay treatment
- Color coded Instrument cluster in black & orange
- Ipod docking station – Harmenn Karden
- MP3 player with Bluetooth
- Black inner linings for all interior trims
- Custom made matts
- Black carpet
- Moulded Pillar claddings
- Motorized Sunroof assembly
- Xylo Driver & co-driver seats
- Leather upholstery in black with orange stitch
Tags:- Mahindra, Mahindra Bolero Attitude, Mahindra Bolero Attitude specifications, Mahindra Bolero Attitude technical specifications, Mahindra Bolero Attitude specs, Mahindra Bolero Attitude features, Mahindra Bolero Attitude details, Mahindra Bolero Attitude price, Mahindra Bolero Attitude mileage, Mahindra Bolero Attitude engine, Mahindra Bolero Attitude power, Mahindra Bolero Attitude topspeed, Mahindra Bolero Attitude pictures, Mahindra Bolero Attitude pics, Mahindra Bolero Attitude wallpapers, Mahindra Bolero Attitude stills, Mahindra Bolero Attitude photogallery
NEW MAHINDRA BOLERO ATTITUDE SPECIFICATIONS AND EXCITING FEATURES
| MAHINDRA BOLERO ATTITUDE TECHNICAL SPECIFICATIONS | |
| ENGINE | 2498cc, CRDe |
| MAX. POWER | 97Bhp @ 3800rpm |
| MAX. TORQUE | 255Nm @ 1800rpm |
| BODY TYPE | SUV |
| SEGMENT | C Segment |
| FUEL TYPE | Diesel |
| SUSPENSION | IFS Coil Spring, Rigid Leaf Springs |
| TYRES | 215/75 R 15 |
| BRAKES | Front:- Disk Rear :- Drum |
| TRANSMISSION | 5 - Speed, Manual |
| STEERING | Power |
| SEATING CAPACITY | 2 |
| GROUND CLEARANCE | 200 mm |
| TANK CAPACITY | 60 Liters |
| TOP SPEED | 125 km/h |
| MILEAGE | Highway :- 14 km/L City :- 10km/L |
| PRICE | Rs. 11,75,000/- |
Key Features of Mahindra Attitude:-
Exterior
- Body modified to convert a 5 door to a 2 door
- Halogen Projector Lamp
- Custom made headlamp bezel
- Modified front bumper
- Styled front grill
- Bumper mounted towing rings
- Auxiliary lamps mounted on rear roll cage
- Bonnet scoop
- Body claddings
- Wheel arches with allen head studs
- Alloy wheels
- Sideguards with checkered inset step ins
- Motorized ORVM
- Custom made driver and co-driver door glass
- Restyled "B" pillar bezel
- Bumper mounted lamps
- Rear towing hook
- Custom built rear bumper
- Custom made triple pipe rear roll cage in Stainless steel
- Modified tail lamp with bezel
- Jerry Cans on tail gate
- Twin exhausts
- Rear number plate bezel
- Stainless steel mesh inside grills & bezels
- Brake Caliper custom painting
- Rear auxiliary lamp connected to the reverse gear
- Roof marker lamps
- Body mounted Pick axe & spade
- Cargo cover in see through canopy
- Cargo bay mounted spare wheel behind driver
- Motorized antenna on tail gate
Interior
- Puddle lamps
- Reading lamp
- Roof lamps
- Moulded sunvisors with illuminated vanity mirror
- Motorized ORVM
- Interiors in a combo of black with orange
- Modified dash with round A/C vents with chrome rings
- Dash bezels in matt orange finish
- Door trims in black with orange tint
- Cargo bay treatment
- Color coded Instrument cluster in black & orange
- Ipod docking station – Harmenn Karden
- MP3 player with Bluetooth
- Black inner linings for all interior trims
- Custom made matts
- Black carpet
- Moulded Pillar claddings
- Motorized Sunroof assembly
- Xylo Driver & co-driver seats
- Leather upholstery in black with orange stitch
Tags:- Mahindra, Mahindra Bolero Attitude, Mahindra Bolero Attitude specifications, Mahindra Bolero Attitude technical specifications, Mahindra Bolero Attitude specs, Mahindra Bolero Attitude features, Mahindra Bolero Attitude details, Mahindra Bolero Attitude price, Mahindra Bolero Attitude mileage, Mahindra Bolero Attitude engine, Mahindra Bolero Attitude power, Mahindra Bolero Attitude topspeed, Mahindra Bolero Attitude pictures, Mahindra Bolero Attitude pics, Mahindra Bolero Attitude wallpapers, Mahindra Bolero Attitude stills, Mahindra Bolero Attitude photogallery
NEW MAHINDRA BOLERO ATTITUDE SPECIFICATIONS AND EXCITING FEATURES
| MAHINDRA BOLERO ATTITUDE TECHNICAL SPECIFICATIONS | |
| ENGINE | 2498cc, CRDe |
| MAX. POWER | 97Bhp @ 3800rpm |
| MAX. TORQUE | 255Nm @ 1800rpm |
| BODY TYPE | SUV |
| SEGMENT | C Segment |
| FUEL TYPE | Diesel |
| SUSPENSION | IFS Coil Spring, Rigid Leaf Springs |
| TYRES | 215/75 R 15 |
| BRAKES | Front:- Disk Rear :- Drum |
| TRANSMISSION | 5 - Speed, Manual |
| STEERING | Power |
| SEATING CAPACITY | 2 |
| GROUND CLEARANCE | 200 mm |
| TANK CAPACITY | 60 Liters |
| TOP SPEED | 125 km/h |
| MILEAGE | Highway :- 14 km/L City :- 10km/L |
| PRICE | Rs. 11,75,000/- |
Key Features of Mahindra Attitude:-
Exterior
- Body modified to convert a 5 door to a 2 door
- Halogen Projector Lamp
- Custom made headlamp bezel
- Modified front bumper
- Styled front grill
- Bumper mounted towing rings
- Auxiliary lamps mounted on rear roll cage
- Bonnet scoop
- Body claddings
- Wheel arches with allen head studs
- Alloy wheels
- Sideguards with checkered inset step ins
- Motorized ORVM
- Custom made driver and co-driver door glass
- Restyled "B" pillar bezel
- Bumper mounted lamps
- Rear towing hook
- Custom built rear bumper
- Custom made triple pipe rear roll cage in Stainless steel
- Modified tail lamp with bezel
- Jerry Cans on tail gate
- Twin exhausts
- Rear number plate bezel
- Stainless steel mesh inside grills & bezels
- Brake Caliper custom painting
- Rear auxiliary lamp connected to the reverse gear
- Roof marker lamps
- Body mounted Pick axe & spade
- Cargo cover in see through canopy
- Cargo bay mounted spare wheel behind driver
- Motorized antenna on tail gate
Interior
- Puddle lamps
- Reading lamp
- Roof lamps
- Moulded sunvisors with illuminated vanity mirror
- Motorized ORVM
- Interiors in a combo of black with orange
- Modified dash with round A/C vents with chrome rings
- Dash bezels in matt orange finish
- Door trims in black with orange tint
- Cargo bay treatment
- Color coded Instrument cluster in black & orange
- Ipod docking station – Harmenn Karden
- MP3 player with Bluetooth
- Black inner linings for all interior trims
- Custom made matts
- Black carpet
- Moulded Pillar claddings
- Motorized Sunroof assembly
- Xylo Driver & co-driver seats
- Leather upholstery in black with orange stitch
Tags:- Mahindra, Mahindra Bolero Attitude, Mahindra Bolero Attitude specifications, Mahindra Bolero Attitude technical specifications, Mahindra Bolero Attitude specs, Mahindra Bolero Attitude features, Mahindra Bolero Attitude details, Mahindra Bolero Attitude price, Mahindra Bolero Attitude mileage, Mahindra Bolero Attitude engine, Mahindra Bolero Attitude power, Mahindra Bolero Attitude topspeed, Mahindra Bolero Attitude pictures, Mahindra Bolero Attitude pics, Mahindra Bolero Attitude wallpapers, Mahindra Bolero Attitude stills, Mahindra Bolero Attitude photogallery
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