M&M lines up Rs 500 crore investment to turnaround M&HCV business

Mumbai, August 14, 2013: Following its buyout earlier this year of Navistar’s equity in its truck-making joint venture with the American company, Mahindra & Mahindra (M&M) has reaffirmed its commitment to turnaround its medium and heavy commercial vehicle (M&HCV) business.

14 Aug 2013 | 2477 Views | By Autocar Pro News Desk

Mumbai, August 14, 2013: Following its buyout earlier this year of Navistar’s equity in its truck-making joint venture with the American company, Mahindra & Mahindra (M&M) has reaffirmed its commitment to turnaround its medium and heavy commercial vehicle (M&HCV) business. As of March 31, 2013, the business had recorded a ...

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