Chennai sources have stated that the nearly $18 billion Group Mahindra is finalizing its ambitious automotive foray into the US market starting from 2019 when an off road product entirely developed by the company's Detroit R&D centre, will be launched in that market.
Korean group company Ssangyong too is planning to debut its products in the US in the next 18 months. According to company sources, M&M is readying for full-fledged US push given that its earlier legal cases have now all been sorted out. Mahindra's US foray is being spear-headed by Mahindra North American Technical Centre (MNATC).
The company's R&D centre in Detroit, which is
currently working on two separate products, one for the Indian market and
another entirely for the US market.
Meanwhile a senior company source had said that "MNATC is developing an off-roader product for the US market which is expected to be launched sometime in 2019". It has also developed another product which will come to the Indian market by the middle of financial year 2017-18.
Availability of BS VI fuel in Delhi also gives an opportunity to the vehicle manufacturers New Delhi sources have stated that SIAM the announcement of the Petroleum Ministry for introduction of BS VI Gasoline and Diesel Fuel in the National Capital Territory of Delhi from April 2018, instead of April 2020. The Auto industry also welcomes the Ministry’s tentative plan to extend availability of BS VI fuel across the National Capital Region (NCR) from 1st April 2019.
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