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On 3 November 1992, Mahindra Finance changed their name to Mahindra & Mahindra Financial Services Limited. [7] Mahindra Finance is registered with the Reserve Bank of India as an asset finance, deposit taking NBFC. In 1993 it commenced financing M&M utility vehicles and in 1995 started its first branch outside Mumbai, in Jaipur.
Mahindra Truck and Bus Division, formerly called Mahindra Navistar [1] / Mahindra International, [2] is an Indian commercial vehicle manufacturer formed in 2005 from a joint venture between Navistar International (49%) of the United States and Indian automobile maker Mahindra & Mahindra (51%). [3]
Under the “Mahindra” brand name, the company produces SUVs, Multi utility vehicles, pickups, lightweight commercial vehicles, heavyweight commercial vehicles and tractors. Mahindra maintains business relations with foreign companies like Renault SA , France. [ 47 ]
Mahindra Group is an Indian multinational conglomerate, headquartered in Mumbai.The group has operations in over 100 countries, with a presence in aerospace, agribusiness, aftermarket automotive components, construction equipment, defence, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate, retail and ...
The company sold electric vehicles in different segments – the electric sedan eVerito, the electric commercial vehicle eSupro (passenger and cargo), and the Treo range of low maintenance, lithium-ion battery-powered three-wheelers. Mahindra Electric became the first Indian car manufacturer to cross 170 million kilometres travelled on its fleet.
An Eicher multi-axle lorry. Eicher Motors Limited, the Indian company, is a commercial vehicle manufacturer in India. It traces its origins to the Goodearth Company, established in 1948 to sell and service imported tractors in India.
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