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Automobile retail sales cross 18 lakh unit mark in January

Passenger vehicle registrations rose to 3,40,220 units last month, an increase of 22 per cent as compared to 2,79,050 units in the year-ago period. ....

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Mahindra's Net Profit Grows 42% To Rs. 1,268 Crore In Q3 FY2021


Highlights
Revenue for October-December 2020 period stood at Rs. 21,625.95 crore
Vehicle sales in the domestic market stood at 1,15,272 units
Mahindra & Mahindra (M&M) has released its financial results for the third quarter of Financial Year 2020-21. In the quarter that ended on December 31, 2020, the company s consolidated net profit stood at ₹ 1,268.23 crore, a massive 42 per cent growth compared to ₹ 891.54 crore profit registered by M&M during in Q3 FY2020. The company s consolidated revenue for October 2020 - December 2020 period stood at ₹ 21,625.95 crore, an 11 per cent growth compared the ₹ 19,430.29 crore revenue reported by the automaker for the same period in FY2020.
Mahindra reported that its net profit after tax, from continuing and discontinued operations stood at ₹ 704.39 crore ....

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Tata Motors Launches Founders Edition Of All Its Models; Will Be Sold To Group Employees Only


Tata Motors Launches Founders Edition Of All Its Models; Will Be Sold To Group Employees Only
Tata Motors Launches Founders Edition Of All Its Models; Will Be Sold To Group Employees Only
The special Founders Edition will be offered with the Tiago, Tigor, Altroz, Nexon, and Harrier and it will come with a new logo and a special badge with Tata Motors founder, J.R.D Tata s signature. But, only Tata Group employees can buy these cars.
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Highlights
The Founders Edition cars will only be sold to Tata Group employees
The cars come with a special Tata logo and JRD Tata signage ....

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Mahindra XUV300 Petrol AMT Launched With BlueSense Plus Connected Technology; Prices Start At Rs. 9.55 Lakh


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Prices for the new Mahindra XUV300 petrol AMT variants start at Rs. 9.95 lakh for the W6 trim
Highlights
Mahindra has also introduced its BlueSense Plus connected technology
The XUV300 will now get sunroof from the mid-spec W6 trim onwards
Mahindra and Mahindra has finally launched the petrol AMT version of its popular subcompact SUV, the XUV300. The new Mahindra XUV300 petrol AMT or, as the company calls it, AutoShift Transmission, will be offered from the W6 variant onwards, starting at ₹ 9.95 lakh (ex-showroom, Delhi). However, the top-spec variant of the XUV300, W8(O), will now also come with the company s new BlueSense Plus connected SUV technology. Equipped with an embedded SIM, the system offers over 40 connected car features. Bookings for the new XUV300 AMT petrol are now open and deliveries will begin from mid-February onwards. ....

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