Q1 performance reaffirms strength in core segments
Diversified growth, strategic launches boost long-term prospects
Mahindra & Mahindra is a versatile company. Company has made its debut in the highly competitive EV 4 wheeler market. It is set to acquire 58.96% stake in SML Isuzu, and establish a stronger presence in the over 3.5-tonne (T) commercial vehicle segment.
If slowing sales weren't enough of a speedbraker, auto majors are now dealing with yet another roadblock- escalating labour unrest. First Maruti, followed by Hero Moto Corp and now, Mahindra and Mahindra.
South Korean car maker Ssangyong Motor Co expects to return to profitability in 2015, its chief executive said on Tuesday, with the financial clout of its Indian parent helping it to update its product line.