M&M to acquire 70% stake in SsangYong Motor

Mahindra & Mahindra said it will acquire 70 per cent stake in the ailing South Korean auto maker SsangYong Motor for $463 million (about Rs 2,105 crore) in order to become a global utility vehicle......

M&M signs pact to buy SsangYong Motor

Auto major Mahindra & Mahindra on Monday said it has entered into an agreement to acquire a majority stake in beleaguered South Korean vehicle maker SsangYong Motor Company. In a filing to 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......

M&M, Ruia in fray for acquiring SsangYong Motor

Tyre maker Dunlop's owner Pawan Kumar Ruia has submitted a bid to acquire South Korea's bankrupt SsangYong Motor, while Mahindra & Mahindra is also understood to have made a similar move. May 28......