Firm attributes move to pandemic and legal spat with Fiat Chrysler, says it is in line with group's strategy to re-think capital allocation and drive efficiency. IMAGE: Mahindra Automotive North......
With the JV off the table, the duo will pursue independent strategies in the world’s fifth largest auto market. Mahindra and Mahindra’s (M&M) second stint with Ford Motor Co as a joint......
Mahindra & Mahindra (M&M) on Monday said its loss-making South Korean arm SsangYong Motor Company (SYMC) has filed for bankruptcy. The SYMC has filed an application for commencement of......
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......
As global economies contract because of the Covid-19 pandemic, the focus of most of the India Inc has now moved back to the home market where demand is expected to pick substantially from the......