M&M said it acquisition may be done by end of March 2011.
Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.
Showing posts with label mahindra. Show all posts
Showing posts with label mahindra. Show all posts
Mahindra & Mahindra's SsangYong acquisition is almost done, pays $ 463 million for 70% authority
M&M said it acquisition may be done by end of March 2011.
Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.
Mahindra & Mahindra starts its 2 wheeler campaign with low segment Stallio and high segment Mojo
At press event, Mahindra 2 Wheelers’ Stallio and Mojo motorcycles made their debut in which Stallio is targeted to common man where as the powerful Mojo which is power-bike is targeted to youth who craves for the power.
“In the last twelve months Mahindra 2 Wheelers has achieved a milestone by registering a sale of 1.5 lac units – a clear validation of the success of our niche PowerScooters strategy. We are now all geared up to redefine the biking experience in India with the Stallio and the Mojo which are a potent blend of global technology and innovation and will take the category to the next level,” said Mr. Anand Mahindra, Vice Chairman and Managing Director, Mahindra Group.
India's Mahindra is all set to end up ties with Global Vehicles as U.S. importer
The certification from the EPA last week came after repeated delays in the launch date.
Mahindra posted news of its break with Global on its Web site today.
In a statement Thursday, Global called the claim “inaccurate.”
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