Speaking to CNBC-TV18, Anand Mahindra acknowledged that the company had made mistakes in the two wheeler and car businesses, but added that they are not giving up.
CNBC-TV18 learns that Mahindra & Mahindra’s (M&M) latest offering in the two wheeler space—a 110 cc motorcycle Stallio has met with issues related to the gear and clutch. While the company is trying to resolve the problems by replacing parts, the dealers are stuck with huge inventory stock, reports CNBC-TV18's Swati Khandelwal Jain.