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Mahindra's all new off-road SUV Roxor unveiled for USA market

Mahindra's all new off-road SUV Roxor unveiled for USA market
newsnationtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsnationtv.com Daily Mail and Mail on Sunday newspapers.

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Impairments won't be a big number at Mahindra & Mahindra in future: Anish Shah, MD

May, however, was a very tough month. Rest of India too got impacted and even in Maharashtra things got worse. There was high absenteeism at plants and there were more supply chain issues. So, May is going to be a pretty tough month for everyone across the board. ....

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Mixer Truck Donated by Mack Trucks and McNeilus for Auction - World of Concrete 2021

Concrete Industry Management
A 2021 Mack® Granite has been donated by Mack Trucks and equipped with a McNeilus FLEX Controls Bridgemaster mixer for the annual auction at this year s World of Concrete (June 8-10). The auction is run by the Concrete Industry Management (CIM) program – a business intensive program that awards students with a four-year Bachelor of Science degree in Concrete Industry Management. Specs on the donated truck can be found below.
“We are very appreciative of the support from Mack Trucks and McNeilus,” says Ben Robuck, CIM Auction Committee Chairman. “Their support speaks volumes to their commitment to the concrete industry and the importance these leading companies place on the CIM program. This mixer truck will help ensure a successful CIM Auction at the 2021 World of Concrete.” ....

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How Anish Shah has a unique opportunity to steer Mahindra & Mahindra into a post-pandemic world

How Anish Shah has a unique opportunity to steer Mahindra & Mahindra into a post-pandemic world
Anish Shah, a former consultant and private equity executive who took charge as the MD and CEO of Mahindra & Mahindra on April 2. (Image Courtesy: Tech Mahindra)
Synopsis
In an exclusive interview with ET Magazine, Anish Shah says the company started this clean-up and capital allocation journey three years back.
When the US Postal Service was in the lookout for its next generation of delivery vehicles, Mahindra & Mahindra was one of the four finalists for the $6 billion project. But last August, its north American business unit, Mahindra Automotive North America (MANA), decided not to pursue the bid as it would require the Indian conglomerate to invest around $500 million (about Rs 3,700 crore). ....

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Rick Haas, Mahindra Automotive North America CEO, to retire

Now that Mahindra & Mahindra Ltd. has won over U.S. trade regulators with the redesign of its off-road Roxor vehicle, the role of the Indian manufacturer in the U.S. remains up for debate, the outgoing CEO of its North American business said Thursday.
Richard Rick Haas says now is the right time to depart while India s largest SUV maker undergoes a global leadership transition and reviews opportunities on where to conserve cash and invest in projects with profit potential. Meanwhile, the company is on track to resume production of the Roxor side-by-side before the end of the year.
In the short term, that s going to take the better part of this calendar year, Haas said. Beyond that, everyone s doing a lot of soul-searching around the globe. The pandemic has caused everyone to take a step back. ....

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