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PSA dismisses Mahindra talks


After Fiat Chrysler Automobiles was not long ago the target of two consecutive tie-up rumors, the news has swung this week towards France’s PSA Peugeot Citroen. The European carmaker, the second largest in the region, has reportedly entered partnership talks with India’s Mahindra – according to the Times of India newspaper. The automaker would mull a partnership deal with India's Mahindra ...
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India’s Mahindra conquers the US metro Detroit
Mahindra & Mahindra, the Indian manufacturing conglomerate with implications in the automotive and motorbike industry, has set up its US expansion by opening an engineering center and a manufacturing plant ...
Report – Mahindra of India plans UK R&D center
As India’s biggest SUV brand continues its aggressive international expansion, carmaker Mahindra & Mahindra now announced plans to build a development centre in the UK. According to two people with knowledge ...
Indian Army Might Replace the Maruti Gypsy With a Tata, Mahindra or Nissan Model
The Indian army announced it plans to replace its aging Maruti Gypsy 4x4 models. The army has already invited prototypes of SUVs from Tata Motors, Mahindra & Mahindra Limited and Nissan, ...
India Auto Sales in March Kept Up by SUV Sales
March auto sales in India were affected by the economy’s slowdown, but sales of SUVs continued to surpass those of other segments. Tata, which is the biggest automaker by sales in ...
Mahindra to invest €55 million in SsangYong to help it build small crossover
Mahindra's Ssangyong Motor announced that a board of directors’ meeting on Thursday had approved a paid-in capital increase of KRW 80 billion (€55 million) to raise investment funds. SsangYong will issue ...
Indian Dacia Logan, Mahindra Verito, hatchback rendered – to be launched in March
The very first image with the Mahindra Verito hatchback, the Indian version of the Dacia Logan, has hit the web and it might offer us a first glimpse into a ...
Geely and Toyota Interested in Buying Aston Martin
After buying Volvo, Geely is interested in purchasing Aston Martin too, starting a competition with Toyota. Ford purchased Aston Martin in 1987 and then sold it to Investment Dar Inc, a ...
Deal for Half of Aston Martin Almost Secured
Investment Dar Co. is very close to sell half of Aston Martin and boost funding for future development. “The proposed plan will ensure Investment Dar can deliver its medium- and long-term ...
Half of Aston Martin to Be Sold Before the End of the Month
According to a Financial Time report, the 50% stake in Aston Martin could be sold at the end of this month. Financial Times says that Investment Dar, Aston Martin’s owners, has ...

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