A part of Mahindra Group, Mahindra & Mahindra Limited is an Indian based automobile company headquartered in Mumbai, Maharashtra. Formerly known as Mahindra & Mohammed, the company soon changed its name to Mahindra & Mahindra in 1948. M&M embarked manufacturing & selling MUVs in 1947 and later started producing LCVs and agricultural tractors. The company has a global presence and manufactures SUVs, MPVs, pick-ups, LCVs & HCVs, electric vehicles, buses, trucks and two wheelers. In 2011, M&M acquired Korean based automotive company SsangYong Motor. M&M has assembly plants in Bengaluru, Chakan, Haridwar, Nasik and Zaheerabad in India where Mahindra cars and other commercial vehicles are manufactured. Some of the popular Mahindra cars in India are Scoprio, XUV500 and Bolero among various others.