SsangYong crisis sinks Mahindra’s global SUV plans
Mahindra and Mahindra Ltd.’s aim to become a global maker of sport utility vehicles (SUVs) has hit a major hurdle with the bankruptcy of SsangYong Motor Co.,sources said. Mahindra acquired the South Korean SUV maker after the 2007-08 global financial crisis when several Indian and Chinese companies were vying for foreign firms to access new […]




