Mahindra Renault Private Limited · Mumbai India
Company Description
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When French carmaker Renault decided to take a road trip across India, it asked Indian SUV maker Mahindra & Mahindra (M&M) to come along for company. Mahindra Renault, a 51/49 joint venture, builds on Mahindra's distribution in the country and desire to move from SUVs to cars. The company has produced the Logan, a budget-priced subcompact sedan that Renault also sells in seven other emerging markets. Mahindra Renault's Nashik factory produces about 50,000 of the vehicles annually. The company also has a supply chain and logistics facility in Pune. Renault and M&M embarked on their journey together in 2005. To read the full description, subscribe now.
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Key Mahindra Renault Private Limited Financials
| Company Type | Joint Venture Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $19.6 |
| Employees | 45 |
Mahindra Renault Private Limited Executives
5 executives listed for Mahindra Renault Private Limited's Mumbai, location.
| Title | Name & Bio | Contact |
| CEO | Nalin Mehta | Network |
| Managing Director | Rajesh Jejurikar | Network |
| Head of Finance | Satish Kamat | Network |
Competition
Competitive Landscape for Mahindra Renault Private Limited
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Mahindra Renault Private Limited Competitors
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