Mahindra gears up expectation with launch of new variants

A recent press conference by the Mahindra and Mahindra’s automotive division vice president Mr. Ashish Mallik (during the launch of XUV500, a refreshed version of SUV in Hyderabad) confirms that the Indian car maker plans to revive its market condition after being on back foot for several months due to the downfall in sales. In the current financial year, the company plans to bring a total of nine new commercial vehicles as well as passenger car models to gear up its sales and thereby aims to revive its market status.

2015 Mahindra XUV500 Exteriors

Mr. Mallik also confirms that among the nine new variants of the Indian car maker, three passenger cars will be brand new models which will be launched in the coming months. However, the market’s growing inclination for sports utility vehicles (SUV) and Mahindra’s absence in this sector have hurt its sales in the last few months. Now the automobile company tries to fill that lacunae through a new compact SUV, however, details are yet to be confirmed by the homegrown automaker. With this, the company expects a hike in sales volumes during this financial year as stated by Mr. Mallik, the company vice-president.

In the last few years, Mahindra and Mahindra have been leading the market in the utility vehicle space owing to a good demand for Mahindra Scorpio and Bolero. However, the increased competitions from the foreign car makers like Ford and Renault has pulled its market share down to 37 percent only within a few months.

Mahindra SUV (launched in September, 2011 and was the 1st SUV developed with a monocoque body and built by Indian automaker) had brought a revolution in Indian automobile market with a sale of 1 lakh units in just three years of span. However, with the entry of foreign car makers the model was not able to compete with their compact SUVs and the sales fall to around 3 thousand units a month. However, the new variant XUV500 is expected to hike the sale to a greater extent. Despite a cosmetic updation and a better-equipped cabin, yet the model has no mechanical change from its old model. New chrome grille, chrome bezels added with LED strips, projector based headlamps and alloy wheels give the exterior a more luxurious appearance. Similarly, aluminum pedals, multifunction steering wheels, illuminated scuff plates and ambient lighting are the features added to the interior portion of the new XUV500.

However, no upgradation has been imparted in the engine or gear box which confirms that it will continue the journey with its past engine model. This variant will come in six variants and seven paint schemes and the price range is kept Rs 11.12 lakh to Rs 15.85 lakh which is affordable in the current market status. Being equipped with stylish exterior and luxurious interior, the model is expected to win youngster’s driving interest thanks to its cutting-edge features and thereby it will strengthen the company’s sale.

EV Technology: Mahindra’s New Formula to Capture Market

Mahindra’s electric vehicle producing unit in Bangalore is well-known for its design and manufacture of compact electric automobiles. The company has invested around INR 150 crores to make the electric vehicle project successful. It utilizes the electric vehicle technology to all its existing popular vehicles to make them even more powerful to fulfill the consumer’s demand. Currently, the company is working on three new electric automobiles out of which Verito will be a passenger car while the Genio and the Maxximo will be for commercial purpose. Earlier the company has got a good success through its flagship product the REVAi electric car, which had done its business (with more than 4 thousand different versions) in 26 countries across the globe.

Formula E Miami race

Being environment friendly, the electric vehicles is able to get the government’s support and aids and thereby some benefits are expected to both its passenger and commercial vehicles as explained by Mahindra and Mahindra’s executive director Dr. Goenka. The sole reason of Reva e20 being highly popular is the reduction in maintenance.

Other reasons are growing environment concerns, boost in oil price, ever-changing customer demands, new technologies and integration of several disciplines to solve mobility issues. However, rapid urbanization and hike in fuel price are the reasons that ask for a superior mobility outcome. The fusion of electronics technology with automobile sector will bring vehicles as a solution to mobility and climatic issues. Also, this electric vehicle (EV) technology will impart features like advanced intelligence, better energy management, advanced telematics and faster charging. With the help of clean manufacturing process and battery recycling facility, these electric cars are expected to have the lowest dust to dirt carbon ration in the automotive world.

In 2013, the company was able to secure a place among the Top 50 most innovative companies of the world. Mahindra is also the only Indian company to join Formula E Championship (FIA championship featuring electric energy powered Formula cars) and also the only Indian team to participate in zero emission series. Mahindra’s this participation in Formula E will raise the public awareness as well as pinch the other car making companies bring new EV technology.

Mahindra’s new EV models e-Genio, e-Verito and e-Maximmo are already out for the testing session and are expected to enter the market by the end of this year. The company is also trying to impart EV technology for manufacturing hybrid vehicles and expected to be launched by 2016. The business relationship between Mahindra and SsangYong is also expected to develop some new engine variants. This may even lead to a better efficient electric engine model in future days.

With the increasing climatic concern in India, the company is hopeful to develop next-generation EV technologies that will able to enhance their product development capability and thereby an enhance in sale in the coming decade.

Next generation Mahindra Bolero U301 spied testing again; to launch Soon

The good old Mahindra Bolero has been going strong, and its maker is going to give it a new makeover to keep its appeal fresh to its takers. Indian SUV major Mahindra & Mahindra has been in news for its upcoming vehicles among which is the next gen Bolero that has been getting spied quite often.

Mahindra U301 Bolero spied

The next generation Mahindra Bolero is going to come in its new compact SUV model as well apart from its full-sized avatar. The new compact Bolero has been codenamed as the U301 and has been a major interest drawer. While the new upcoming Bolero has been spied quite a few times, it was not sure when the model will finally hit the Indian car market. However, now the compact SUV has been snapped in its production ready model, which means it is not far from its actual market launch.

Snapped by the spy cameras, the latest spy images reveal what the upcoming Bolero compact SUV will look like in its production form. In the spy images, the testing prototype model of the upcoming U301 is seen to have quite shed its bulky disguise, thus revealing its actual outline. As per the spy images, the SUV has got its production headlights fitted on to it, while the front grille has been also attached onto its face. The compact SUV is also seen mounting a spare wheel on its tailgate.

The new U301 Bolero has been developed based on a sturdy hydroformed ladder-frame chassis for great body strength and stability. The vehicle is expected to launch in the Indian car market during this year’s festive season. As per a report published on an auto journal, the new SUV model from Mahindra’s stable will most probably be hitting the production line in the second week of the next month.

Under the hood, the new Mahindra Bolero U301 compact SUV is expected to be powered the 1.5 liter diesel engine, which has the capability to produce 100 PS of max power and 240 Nm of peak torque. It is also being said that Mahindra & Mahindra is going to tweak this engine, so that it can churn out little bit more fuel economy.

As far as the features of the new U301 are concerned, the new compact SUV will most probably be fitted with some great equipments including an audio system with Bluetooth connectivity USB and aux, rear AC vents, dual front airbags and ABS. It is also to get new gear knob, instrument cluster with chrome inserts, stylish three-spoke steering wheel and a premium looking black dashboard with classy sliver inserts.

The new upcoming Mahindra Bolero U301 compact SUV is likely to be priced at around Rs. 6 lakhs. Post its Indian market launch, the next generation Mahindra Bolero will be locking its horns with the likes of the Tata Sumo and Chevrolet Tavera SUV models. The new Bolero is expected to take the model’s popularity to a higher level.

Rs 5,000 crore raised to fund future growth by Mahindra and Mahindra

The net profit witnessed by Mahindra and Mahindra was reduced to almost half in the end of March. This has been primarily due to the decrease in the sales of tractor by 30% as well as the sales of the utility vehicles however, this decline did not cause much stress to the investors. The stocks rose to over 4.9% as the total earnings were somewhat similar to the estimated ones.

Mahindra rise new logo

Mahindra Rise New Logo

With the continuous pressure that was building up on volume, the board finally decided to approve a resolution according to which the company was allowed to raise an amount of Rs. 5000 crore from the industry to rebuild itself for the growth and future prospects. The company planned the launch of new automotive vehicles along with six models of tractors in the fiscal year 2016. This led the company to make an expenditure of Rs. 2500 Crores as part of the capital expenses and additional Rs. 1000 Crores for new subsidiaries as well as acquisitions.

A year before there was a decline in the net profit by 50 percent from 1,173 Crore to Rs. 586 Crores. There was net fall of over 8.20% to INR 10, 187 Crores along with the drop of 180 points to 11% in Ebidta which is earnings before interest, taxes, depreciation and amortization. The aforementioned figures are the combined figures for the Mahindra Vehicle Manufacturers Ltd and Mahindra & Mahindra as well.

According to the company, the comparison on yearly basis will not bring out the exact scenario at the moment as the losses incurred by the company’s trucks, buses and utility vehicles was reported for the later year. Eliminating this, the fall in the net profit was about 25% while the margin was of just 100 basic points.

Oil prices and fair interest rates in combination with the minimal inflation can make way for the growth in the financial year 2016, as reported by the Group Chief Financial Officer. There are visible signs for the recovery but partially. Post challenging last quarter where the tractor volumes witnessed a considerable decline of 30%, the company believes in being optimistic and hopeful towards the near future.

The monsoon in India arrives during the period of June till September and Mahindra and Mahindra is speculating that there will be an increase of 5% to 6% in the fiscal year 2016. With this one can expect the growth of automotive market at a faster pace. The automaker is looking forward to its new upcoming compact SUVs which will definitely do wonders in this segment by driving volumes.

According to Pawan Goenka, the Executive Director of the company, the drop of 30% in the tractor volume in the last difficult fourth quarter has been the major as compared to the previous 48 quarters. However a normal monsoon is expected to restore the damage in the later of the fiscal 2016, he added.

Automatic variant of Mahindra XUV500 to be unveiled soon in India

Soon after the successful launch of the modified version of XUV500 in India, the company has prepared to bring forth the automatic variant of the same car in India. The company has already started with the work to introduce hybrid and automatic version of the SUV in the Indian market and this automatic model of the car is expected to arrive soon in the showrooms.

2015 Mahindra XUV500

The company’s hybrid XUV500, which was spotted at the Auto Expo for the first time in 2014 would also be available in the market soon. The automatic variant of XUV500 which is also going to be sold in Australia will be equipped with a mHawk diesel engine of 2.2 litres mated with a 6 speed automatic gear box. This diesel mill possess the capacity to generate a peak power of 140 BHP at 3,750 rpm and 330 NM peak torque at 1,600-2,800 rpm. It is expected that the fuel efficiency of the new SUV is going to be around 16 kmpl.

Mahindra launched its new generation XUV 500 on May 25th in India at a price range of INR 11.21 Lakhs (ex-showroom in Delhi). However, the upcoming XUV500 is fitted with sunroof which is electrically automated along with many other features. Besides, it will also get a new variant W10.

Coming to the styling of the new gen car, it seems stylish with new front grille accompanied with chrome inserts along with black accents around the fog lamps. The side fascia of the car has a 10 spoke alloy wheel of 17 inches. While the windows are revamped with chrome lining, an illuminated scuff plate is also to be added on the XUV500.

In the interior of the vehicle, it has been adorned with high class interior including a new double tone theme with silver and beige colors. In addition, it also has new upholstery with beige colored leather seats, tilt power steering and a completely automatic temperature control system.

As far as the safety is concerned, the new SUV will be available with six airbags including the side, front and the curtain, Hill descent with Hill Hold control, Electronic stability feature, ABS with EBD and many more. While some other highlights of the new gen XUV500 encompasses logo projection lamps, reverse parking, an adjustable six-way driver seat, key less entry, push button stop/start along with a large infotainment system display of over 7 inches.

The upcoming model of Mahindra XUV500 will be available in seven body colours with an addition of two new colours, pearl white and orange. At the launching event of the modified XUV500, the company also disclosed that it is going to introduce nine new models in India in this year.

Mahindra’s New Infotainment Platform based on Android

Mahindra & Mahindra Ltd, India’s utility vehicle manufacturing company, has announced the integration of its sports utility vehicles, including XUV500 and Scorpio as well as future platforms, with Google’s Android Auto technology as per company’s CEO announced. The CEO said that the same will be made once the “successful integration” of the vehicle’s system is done. Although there is no timeline promised for this integration, the chances are that the system will be available soon.

Mahindra rise new logo

Mahindra Rise New Logo

Right now, Mahindra’s infotainment system is dependent upon the Blue Sense App. The sole purpose of the app is to integrate all the channels of communication in the car via Bluetooth. But this integration with Android Auto will provide complete synchronization of hardware and software in the car.

Mahindra & Mahindra is also said to become a member of the Open Automotive Alliance (OAA), which is a global group of auto manufacturers and various technology companies working to bring the Android platform to cars. Many auto companies like Ford, Honda, Renault and Volkswagen are already the part of the group along with the technology companies like Google, Delphi and LG.

Android Auto Technology is the technology which connects smart phones and tablets with the infotainment system provided in the vehicle. It projects a customized version of a compatible Android smartphone on the screen of in-car display after the plugging of phone using USB. The purpose of this system is to provide the safe driving experience to the drivers. Android Auto is an extension of the operating system of Google’s smart phone which allows driver to access the required application either through the voice control or by using the controls mounted on the steering wheel. This way the driving will be much safer and the concentration of driver much focused on the road than on the maps. Not only the maps, is the system meant to integrate the music and the apps also in the system. Its voice integration is expected to be the best in class with the enhanced quality. Although climate control and other such intuitive functions are not the part of the system, it is expected that they will soon form the part of this process.

Mahindra is not the only company which has adopted the platform. Last week, Hyundai turned into the first automaker to offer the Google’s Android Auto system inbuilt in its cars. The 2015 models of Sonata are all being provided with in car navigation option. The existing Sonata owners can also adopt this inbuilt navigation as a part of an optional technology package. Moreover, this system is also expected to be provided in all the other Hyundai models soon.

This is the big step for Indian car market as with the asset worth $ 11 billion, Mahindra & Mahindra is not only the biggest brand of the company, and it is also India’s largest vehicle manufacturer. The company is also known as the biggest manufacturer of tractors. With this, they have indicated India is all ready for adopting such a technology.

Mahindra is going to introduce new cars and couple of facelifts this year

The year 2015 has been the year for face-lifting and new cars. Mahindra & Mahindra, the Indian company in the field of utility vehicle manufacturing, is not far off in the race of new cars. At the launch of new XUV500 in this May, they announced the launch of three new cars in India this year. Many people have already spotted these cars during the testing phase on Indian roads, but for rest of us, 2015 will bring us face to face with these new cars. The company is already aiming at to introduce facelifts of around six existing cars this year. The three new cars Mahindra and Mahindra is aiming to introduce this year are: S101 micro SUV, U301 Bolero and Quanto. Together this will be a huge revolution in the current car market.

Mahindra U301 Bolero spied

U301 Bolero- This SUV is more likely to be introduced as an alternative for the Bolero. The SUV is promised to have various body sizes one of which will be a sub-4 meter along with a seven-seater variant. The news is that the sub-4 meter variant will sport the 1.5-litre twin-turbo diesel engine which has been provided in Quanto earlier and produces around 100bhp. Its formed ladder frame chassis promises to make it much lighter in weight than the current model. With all these features, there is a huge expectation about this new version of the car. It is expected that this SUV will be available in the Indian car market by the end of this festive season.

S101- The compact SUV’s demand is increasing every day among the public and Mahindra & Mahindra has understood this need of the public. Probably that is the reason the company is planning to introduce a micro SUV. This micro SUV is currently codenamed as S101. This will sub-4 meter car within the range of about INR 4 – 4.5 lakh. This car will be in direct competition with the cars like Ford’s EcoSport and some future planned SUVs from the companies like Tata Motors, Nissan and etc. But the best feature of this car is that it will have both petrol and diesel variants. Although the motors of both the variant will be different with petrol variant more likely getting a 1.2-litre motor and the diesel one having a1.5-litre motor, their performance is expected to outlast all the competition.

U215- This will be a wholly new kind of SUV between both the above mentioned models. The company plans to make it rugged and turn it into the Quanto SUV of this generation. Not much has been disclosed about this model, but the anticipation among the car-guru runs high. The industry believe that they are planning to leave behind the boxy look of the older Quanto and introduce a five seater version which is more in demand than the bigger versions.

2015 seems to be the year of cars, and Mahindra & Mahindra is topping the range with three new cars and the six face-lifted ones. It looks like the company is ready to give the competitors a run for their money!

Mahindra and Mahindra May 2015 Sales

The Indian origin Mahindra & Mahindra Ltd. has a total of 18 industries operating in diversified sectors. The main business segment of the company covers the sales of automobiles and related services.

Mahindra Royal Escape

Mahindra Royal Escape

India’s leading SUV manufacturing company has sold out a total of 18,135 (as compared to 19,470 units in May 2014) passenger car units (this includes cars, vans and UVs) in the Indian market whereas 11,407 commercial vehicles (against 12,297 units in March 2014) listing 7 percent of negative growth in both. While the organization has marketed 35,499 units in India in May 2014 the tally reduced to 33,369 units in the last month. Meanwhile, exports have brought the company some sense of relief with a hike from 2,370 units to 3,337 units that list a positive growth of 41 percent.

At the same time, its auto sales could not get a positive growth and it has reduced to 36,706 units as compared to 37,869 units in the same period of last year. However, a remarkable growth of 44 percent is listed in the Medium and Heavy Commercial Vehicles with a sale of 343 units. When the auto industry is on a way of recovery, cut in interest rate will improve the auto sales as expected by Pravin Shah, the President and Chief Executive (Automotive division), Mahindra and Mahindra ltd. He again added that the changing economic activity and the initial marketing done by recently launched New Age XUV500 have boosted their confidence to a high level and they are hopeful for a better business in the coming days.

A separate press release from the automobile venture’s Farm Equipment Sector (FES) is been released on the same day. The report says that it has gone through another downfall when it sold out 18,245 tractor units in the domestic market, which was 23,312 in May 2014. Thereby registering a reduction of around 21 percent in Tractor sale. Besides all this, the total tractor sale dropped by 20% to reach a figure of 19,257 units in May 2015 as compared to 23,940 units of the same period in last year. However, exports have hiked by 25% to reach 1012 units in the last month.

The market analyzers of the automobile company have reviewed the current sales status of the company and as per their analysis they have made a business agenda for the coming days. Accordingly to revive their sales, Mahindra & Mahindra has planned to launch 9 new products this year. 3 of them are major ones while other are the minor ones. Taking these new products into account, the automobile venture is quite hopeful about its reviving the market in the coming days.

2015 Mahindra XUV500 vs 2015 Honda CR-V

Mahindra launched its ‘New Age XUV’, a revamped version of its XUV 500 called the W8. It was launched after a carefully executed marketing campaign where the look of the vehicle was closely guarded from the public eye. The buzz for the car is such that the look was leaked after photos appeared on the internet that showed different profiles of the car. The New age XUV also has a top end version called the W10. The W8 is priced at 11.21 lakh rupees while the W10 is priced at 15.99 lakh rupees.

2015 Mahindra XUV500 Exteriors

The Mahindra XUV 500 is fitted with astonishing S- shaped daytime running lights, great chrome grille and chrome finished L-shaped fog light covers. The car looks just as well from the rear after having undergone the necessary adjustments. There’s a new rear door and some more chrome on the number plate enclosure. The cabin’s colour is a shade or two lighter than its predecessor.

The ‘new age’ XUV 500 is fitted with some great assisting systems and gizmos like aluminium finished pedals, electrically adjustable driver seat, a revised infotainment system and reverse parking camera amongst other things. The car does better around turns because of an updated E.S.P (Electronic Stability Program).

2015 Honda CR-V

Honda CR- V was the bestselling SUV for the decade and it new updated version for 2015 looks just as likely to sell as many units. For this year the styling of the car is amazing as is its technology. The new 2.4 litre engine is also efficient and keeps the fuel economy in check. . It is available in multiple trim levels and with front-wheel drive (FWD) or all-wheel drive (AWD). Its safety features are top of the line, there’s a new Touring upper trim level. This car is aimed at young families. For people who like more stand-out-in-the-crowd styling, look at the Nissan Rogue. Ford Escape will be handling slight sportier. There are other choices. There’s a new audio display, upgrades to some trim and textures, an added centre console, and rear A/C vents. The front seats are supportive and properly adjustable, while the rear seats offer plenty of room for adults and easily fold down to sort-of flat for hauling the bigger things of contemporary family life. Honda always maintains good standards when it comes to windows and so the new CR-V is no exception. The CR-V provides a less-obstructed view of the world, which makes it safer on the road and more easily manoeuvrable in tighter spots. The exterior of the car has undergone a makeover for 2015 with a lot more chrome being added this time.  So it seems to me that both these cars are suitable for their respective target audiences. The Honda CR- V has a larger market share, but this time even the Mahindra XUV-500 has created quite the buzz.

2015 Mahindra XUV500 vs 2015 Renault Koleos

The famous French automaker, Renault is expected to use a unique concoction of digital and analogue in the development of the cabin of its new car, Koleos. Some spy shots have been taken during the testing of the car and the new dashboard has been unveiled. It is no more a hidden fact that Koleos, a combination of SUV and MPV, has not been the company’s best available product. Renault is on the verge of revolutionizing its upcoming generation of new models and will rival its competitor Mahindra XUV500.

2016 Renault Koleos

As already mentioned, the spy pictures were taken of the interiors and exhibits some of its features and gadgets on the inside that the company will bring forward. In addition to the above mentioned instrument combination, which seems to be quite impressive, we can also spot the R-Link infotainment system of the car. Beneath this, the vehicle is featured with physical controls for adjusting the climate controlling system. At the back of the gear shifter, the new car will have a rotary controller for the drive system and to further enhance the décor of the car, the company has incorporated a dashboard in contrast colour.

The styling and designing- A comparison

With the available spy pictures of the car and close ups it is difficult to conclude anything as the Koleos was covered with some heavy material. And this is not significant as the designing had been a sensitive point of the model.

British brand MG, acquired by SAIC Motor of China, has unveiled the GTS crossover in the previous week with the vehicle showing similarity to the Koleos however with a new design. The imagination of the upcoming Koleos by the MG GTS seems quite unusual.

Coming up with the designing of Mahindra XUV 500, the car has gained acceptance and accolades amongst the Indian buyers. Its perfect styling and awe-inspiring looks along with a huge bumper and heavy wheel arches simply makes it a stunner.

2015 Mahindra XUV500

The technical side

The size of the car will be slighter bigger as against the existing one, a step initiated with the introduction of the company’s compact Captur crossover.

The upcoming car will also get support from Nissan-Renault CMF-CD space which was also used on Qashqai, Nissan car. It is also probable that the car will have the same transmission, engine as well as optional AWD as the Nissan car has. This implies that there will be choice between diesel engines, 1.6 dCi and 1.5 dCi and tCe turbo petrol units. Optional CVT gearbox will be combined with the standard manual. Whereas, proportionately designed, Mahindra XUV 500 is fitted with numerous features. It has an engine of 2.2 litres which produces 140 BHP and transmission option of 6-speed manual. The XUV500 has already acquired popularity within the buyers with the availability of the auto gear box in the top variants.

While driving the new Renault’s upgraded car, we witnessed a car with lots of features ranging from inexplicable road etiquettes and family compatibility. Renault has to perform well in the areas of designing as against the Mahindra XUV500.