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Mahindra remains committed to Truck and Bus Division
The decision to continue was taken after a comprehensive review and MD Anish Shah expects Mahindra Truck and Bus Division to start delivering strong returns in five years.
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Buy Now!The decision to continue was taken after a comprehensive review and MD Anish Shah expects Mahindra Truck and Bus Division to start delivering strong returns in five years.
While Renault India has plans to come out with mass market EVs in the near future, for the interim period it will continue to bank on its popular ICE product portfolio.
The big picture for both Nissan and Renault India includes expansion of product portfolios supported by extensive investments and a conscious export push.
Acquisition to take place at equity valuation of Rs 587 crores.
SAS Autosystemtechnik GmbH is a leading global player in complex interior module assembly and logistics; it had net revenues of 896 million euros (Rs 7,874 crore) in CY2022 with almost half contributed by EV programs.
With the five-door Jimny and new Fronx joining the Grand Vitara, Brezza, XL6 and Ertiga, Maruti Suzuki is bullish about current and future demand for its six pack of utility vehicles.