Power Lunch
CEO’s Anand Mahindra (Mahindra & Mahindra) and Ratan Tata (Tata Group) will meet with US Treasury Secretary, Timothy Geithner in Mumbai this Wednesday. Job growth and creation in the US and India are slated for the agenda.
Source and more: Business Standard
Upswing
Mahindra & Mahindra Ltd reported last week that domestic utility vehicle sales jumped 4.71 percent in March. Sales of Scorpio, Bolero, Xylo, and Getaway pickups stood at 20, 914 units.
Source and more: Trading Markets
Electric
Mahindra & Mahindra is rumored to be in negotiations with Indian/American electric car maker, Reva, to either buy majority interest in the company or partner with them. Reva has been working with US importer, Bannon Auto, to assemble Reva’s electric cars in Syracuse, New York. Reva will also provide the powertrain for Chevrolet’s Spark electric car.
Source and more: Economic Times
Photos:
Top – Mahindra Bolero via Vicky.in
Middle – REVA NXG via CarBodyDesign.com
Bottom – Photoshopped Chevy Spark via Cargurus.com
1 comment:
Nice electric car...good thing it doesn't look anything like and as small as the Smart Car...
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