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......

India Inc faces rough weather in overseas biz

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......

Auto Expo 2014: Hyundai launches new Santa Fe SUV, costs Rs 26.3 lakh

Hyundai has launched the new Santa Fe in India at the Auto Expo. With its Storm Edge design language, the new Santa Fe replaces the older model and competes with the likes of the Toyota Fortuner,......

Ford, Mahindra to scrap proposed JV

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......