Mahindra Reva reveals the Halo electric sports car

[Skull and Bones]

There are rumors in the street, that Mahindra is eyeing for Aston Martin.

 

[Indischer]

Do you think there's a market for it in India? :/

You mean the car they've shown? Or Luxury Sports Cars in general?

There are rumors in the street, that Mahindra is eyeing for Aston Martin.

Where did you come across these rumours? Interesting development if some mainstream mag/news source has speculated as such.

 

[Skull and Bones]

Where did you come across these rumours? Interesting development if some mainstream mag/news source has speculated as such.

In 2012, an Italian firm pipped Mahindra to buy 38% stake of Aston Martin. As per rumors, they're going in for again, as Aston Martin sales are dropping, and they might sell of a part of the stake.

 

[kbd-raaf]

You mean the car they've shown? Or Luxury Sports Cars in general?



Where did you come across these rumours? Interesting development if some mainstream mag/news source has speculated as such.

The car they've shown.

 

[Indischer]

In 2012, an Italian firm pipped Mahindra to buy 38% stake of Aston Martin. As per rumors, they're going in for again, as Aston Martin sales are dropping, and they might sell of a part of the stake.

You're again saying rumours without specifying their source.

 

[kbd-raaf]

In 2012, an Italian firm pipped Mahindra to buy 38% stake of Aston Martin. As per rumors, they're going in for again, as Aston Martin sales are dropping, and they might sell of a part of the stake.

Where did you hear these rumours? :O

 

[Indischer]

The car they've shown.

A niche market for Electric Vehicles does exist in India. But it's hampered by the limited number of brands and models available + lack of range in the models offered. If Mahindra is able to enter this market and release the vehicle shown, I'm pretty sure a lot of people will be giving a serious thought about it. But yeah, it definitely doesn't have a high-volume sale potential in India.

 

[Skull and Bones]

Where did you hear these rumours? :O

I've been a small time player in equity market for some time, we get news a little earlier than general masses. Though i've left investing for few years now, but the news source is still there.

You're again saying rumours without specifying their source.

An article from 2012.
Mahindra In Race For Aston Martin? - Forbes

And compare the sales figure of Aston Martin, which peaked in 2006 at 6800-7000 units, has dropped to about 3500 units in 2013. Their CEO has resigned, the new one is inexperienced. If that is not the traits of distressed asset, i don't know what is?

 

[Indischer]

I've been a small time player in equity market for some time, we get news a little earlier than general masses. Though i've left investing for few years now, but the news source is still there.


An article from 2012.
Mahindra In Race For Aston Martin? - Forbes

And compare the sales figure of Aston Martin, which peaked in 2006 at 6800-7000 units, has dropped to about 3500 units in 2013. Their CEO has resigned, the new one is inexperienced. If that is not the traits of distressed asset, i don't know what is?

Interesting rumour indeed! Will be another major coup for the Indian Auto Image if they can snatch another marquee British brand. Access to critical technologies will be the biggest gain, more than anything else.

 

[Skull and Bones]

Interesting rumour indeed! Will be another major coup for the Indian Auto Image if they can snatch another marquee British brand. Access to critical technologies will be the biggest gain, more than anything else.

Give it 3-4 years, Bentley will be out in the streets too. It's sales has gone miserable. There's nothing much left in the British automotive industry, other than Jaguar and Land Rover.

In another set of rumor roundups, Tata is eyeing Pininfarina. I think Tata is already a stake holder of that design firm.

 

[Indischer]

Give it 3-4 years, Bentley will be out in the streets too. It's sales has gone miserable. There's nothing much left in the British automotive industry, other than Jaguar and Land Rover.



In another set of rumor roundups, Tata is eyeing Pininfarina. I think Tata is already a stake holder of that design firm.

Wasn't that an old rumour? I too remember reading something about it. I don't know if they picked up any stake in the Firm though. I believe Fiat will be most interested in it.

 

[Skull and Bones]

Wasn't that an old rumour? I too remember reading something about it. I don't know if they picked up any stake in the Firm though. I believe Fiat will be most interested in it.

TATA Motors acquires Italian design company | Motor Trader Car News

They acquired part of the stake.

 

[Indischer]

TATA Motors acquires Italian design company | Motor Trader Car News

They acquired part of the stake.

The article is from 2010, and mentions that Tata acquired a stake 2 years prior to that. So, I guess I read something about it around that time. Any info about their % stake in the Firm?

 

[karan21]

Not quite yet. Their range of vehicles is still lacking, but they're getting there.

What do you mean?? I am not a big fan of automobile industry. But as far as I know automobile industry is said to be mature in a country when the country can design, test and produce its own cars, suvs, engines. I think India is already there and now time to move globally. Could you tell me in detail where I am wrong.

 

[Skull and Bones]

The article is from 2010, and mentions that Tata acquired a stake 2 years prior to that. So, I guess I read something about it around that time. Any info about their % stake in the Firm?

I tried looking into that, but haven't got any info. Have to look at their shareholding pattern to get the number.