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Old 15th May 2008, 00:21   #1
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Arrow Mahindra Eyeing Kinetic Motors (Edit: Now Confirmed. Mahindra owns KM)

Seems like the car manufacturers have taken a fancy for 2 wheelers now. After the speculation about Tatas buying MV Augusta, here's a report about Mahindras in talks to buy Kinetic Motors.

Well, there's no harm in them getting into 2 wheelers but all I hope is they try and produce premium, larger capacity bikes and not just concentrate on the commuter segment.

Link: Mahindra & Mahindra in talks to buy Kinetic Motors- Automobiles-Auto-News By Industry-News-The Economic Times
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Old 15th May 2008, 11:00   #2
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This looks like a longterm gameplan for Mahindra. Kinetic has some stakes in Aprillia(??) and also has tie ups with many companies like SYM and Italjet (it has bought over this). If Bajaj can enter car market why can't Mahindra do it? They already have presence in 2 wheeler market.
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Old 20th May 2008, 02:53   #3
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It appears that Mahindra has a well laid out plan for its foray. It also plans to buy MV Augusta.

Are we about to see yet another Tata Vs Mahindra showdown in Europe? Only this time it could be for two wheels

source: M&M revs up for Italian ride- Automobiles-Auto-News By Industry-News-The Economic Times

Last edited by safari_lover : 20th May 2008 at 02:55.
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Old 20th May 2008, 11:18   #4
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BTW, wasn't Kine supposed to be the supplier for Nano-transmission?
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Old 30th July 2008, 14:32   #5
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Updates.
Mahindra & Mahindra forms JV with Kinetic Motors- Two-wheelers-Auto-News By Industry-News-The Economic Times
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Old 30th July 2008, 15:00   #6
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Indeed a historic moment. I hope Mahindra's luck shines and they taste success in the 2 wheeler market. More choice to the customer!
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Old 30th July 2008, 15:30   #7
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I hope they make some good 250CC bikes now :P
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Old 30th July 2008, 16:03   #8
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Perhaps they are in a better position to make some good high end bikes among all the Indian bike manufacturers with their previous aquisition of Engines Engineering of Italy. Let's hope they do it.
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Old 30th July 2008, 17:29   #9
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yeah, i sure hope that they launch some good 250-400cc bikes. inside sources say that cagiva is one of the brands that m&m may possibly bring to india! cheers to that!
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Old 30th July 2008, 17:41   #10
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If this deal works out, then Mahindra will own a company that will supply part, mostly the transmission to TATA.
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Old 30th July 2008, 19:06   #11
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I just hope they dont decide to make diesel two wheelers. LOL.
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Old 31st July 2008, 10:01   #12
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DEAL struck at Rs.110 crores, now bikes will be known as Mahinetic LOLS
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Old 31st July 2008, 10:33   #13
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Finally after a long time they have made it. Mahindra Kinetic (the new company) holding 80% stake my M&M and the remaining 20% by the Kinetic Motors.
So Kinetic can pay off their debts
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Old 31st July 2008, 16:59   #14
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So, its Mahindra that will be manufacturing the Tata Nano transmissions.
BTW, what did the deal cost?
I think that Mahindra should concentrate on car business and not enter this market.
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Old 31st July 2008, 17:27   #15
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No, I dont think Kinetic is selling its oem business, its only the two wheeler business that is being discussed. I dont think transmission for neno will be manufactured by the two wheeler division of Kinetic.
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