Mahindra's Ssangyong misses loan repayment of Rs 480 cr to JP Morgan

M&M, which owns a 75 per cent stake in SYMC, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010 but has struggled to revive its fortunes. Ssangyong Motor Co (SYMC), the......

Why M&M will halt investment in SsangYong Motor

M&M will close down GenZe, an e-scooter business in California, because it is unlikely it would stand on its own feet, and is ahead of its time. International revenues for most of the Mahindra......

Why the Alturas G4 is critical for Mahindra

'Indian consumers no more accept an end-of-the-life-cycle product. They expect products that have just been launched globally and are current in every way.' Mahindra and Mahindra launched the......

How Mahindra & Mahindra turned around SsangYong

In late 2007, SsangYong Motor, South Korea's smallest car maker, held a series of talks with its labour union requesting temporary shutdown of the plant as the demand for new vehicles fell......