Mahindra Eyeing Kinetic Motors (Edit: Now Confirmed. Mahindra owns KM)

safari_lover · 15th May 2008, 00:21

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

amtak · 15th May 2008, 11:00

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.

safari_lover · 20th May 2008, 02:53

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

Su-47 · 20th May 2008, 11:18

BTW, wasn't Kine supposed to be the supplier for Nano-transmission?

mjothi · 30th July 2008, 14:32

Updates.
Mahindra & Mahindra forms JV with Kinetic Motors- Two-wheelers-Auto-News By Industry-News-The Economic Times

amtak · 30th July 2008, 15:00

Quote:

Originally Posted by mjothi

Updates.
Mahindra & Mahindra forms JV with Kinetic Motors- Two-wheelers-Auto-News By Industry-News-The Economic Times

Indeed a historic moment. I hope Mahindra's luck shines and they taste success in the 2 wheeler market. More choice to the customer!

Gregory · 30th July 2008, 15:30

I hope they make some good 250CC bikes now :P

safari_lover · 30th July 2008, 16:03

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.

hollywoodhogan · 30th July 2008, 17:29

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!

aaggoswami · 30th July 2008, 17:41

If this deal works out, then Mahindra will own a company that will supply part, mostly the transmission to TATA.

vikram_d · 30th July 2008, 19:06

I just hope they dont decide to make diesel two wheelers. LOL.

SohailPistawala · 31st July 2008, 10:01

DEAL struck at Rs.110 crores, now bikes will be known as Mahinetic LOLS

nithinnarayanan · 31st July 2008, 10:33

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

aaggoswami · 31st July 2008, 16:59

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.

Car-Agey · 31st July 2008, 17:27

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.

15th May 2008, 00:21	#1
safari_lover Senior - BHPian Join Date: Feb 2007 Location: Bengaluru / Bagdal Posts: 1,144 Thanked: 737 Times	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
	() Thanks

15th May 2008, 11:00	#2
amtak Senior - BHPian Join Date: Oct 2006 Location: Mumbai - The city of Sea Link!!! Posts: 2,932 Thanked: 953 Times View My Garage	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.
	() Thanks

20th May 2008, 02:53	#3
safari_lover Senior - BHPian Join Date: Feb 2007 Location: Bengaluru / Bagdal Posts: 1,144 Thanked: 737 Times	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.
	() Thanks

20th May 2008, 11:18	#4
Su-47 BHPian Join Date: Aug 2006 Location: Bangalore Posts: 693 Thanked: 361 Times	BTW, wasn't Kine supposed to be the supplier for Nano-transmission?
	() Thanks

30th July 2008, 14:32	#5
mjothi Senior - BHPian Join Date: Dec 2007 Location: Bangalore Posts: 3,290 Thanked: 232 Times View My Garage	Updates. Mahindra & Mahindra forms JV with Kinetic Motors- Two-wheelers-Auto-News By Industry-News-The Economic Times
	() Thanks

30th July 2008, 15:30	#7
Gregory BHPian Join Date: Jun 2007 Location: Bangalore Posts: 218 Thanked: 2 Times	I hope they make some good 250CC bikes now :P
	() Thanks

30th July 2008, 16:03	#8
safari_lover Senior - BHPian Join Date: Feb 2007 Location: Bengaluru / Bagdal Posts: 1,144 Thanked: 737 Times	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.
	() Thanks

30th July 2008, 17:29	#9
hollywoodhogan BHPian Join Date: Jul 2007 Location: bangalore Posts: 423 Thanked: 14 Times	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!
	() Thanks

30th July 2008, 17:41	#10
aaggoswami Senior - BHPian Join Date: May 2007 Location: Vadodara Posts: 4,987 Thanked: 2,965 Times	If this deal works out, then Mahindra will own a company that will supply part, mostly the transmission to TATA.
	() Thanks

30th July 2008, 19:06	#11
vikram_d Senior - BHPian Join Date: Jul 2006 Location: Bangalore Posts: 2,427 Thanked: 1,185 Times	I just hope they dont decide to make diesel two wheelers. LOL.
	() Thanks

31st July 2008, 10:01	#12
SohailPistawala BHPian Join Date: Nov 2006 Location: Mumbai Posts: 434 Thanked: 27 Times	DEAL struck at Rs.110 crores, now bikes will be known as Mahinetic LOLS
	() Thanks

31st July 2008, 10:33	#13
nithinnarayanan BHPian Join Date: Oct 2007 Location: Bangalore Kannur Manipal Posts: 237 Thanked: 10 Times View My Garage	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
	() Thanks

31st July 2008, 16:59	#14
aaggoswami Senior - BHPian Join Date: May 2007 Location: Vadodara Posts: 4,987 Thanked: 2,965 Times	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.
	() Thanks

31st July 2008, 17:27	#15
Car-Agey BHPian Join Date: Oct 2007 Location: Delhi Posts: 344 Thanked: 54 Times	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.
	() Thanks