Mahindra Starts Export Of Peugeot Electric Scooter From India
Mahindra’s European subsidiary Peugeot Motorcycles has been continuing to loose money even after the takeover in 2015 but the scooter specialist has taken some bold steps last year to correct its course. The largest part of this course correction is…
Mahindra Warns Of Job Losses In Auto Sector, Seeks Govt Help
Indian automaker Mahindra and Mahindra Ltd (M&M) said on Wednesday it saw a “huge danger” of job losses in the ailing domestic auto sector, as it sought government intervention, including tax reductions to revive demand. A lending crisis among the country’s shadow banks, which fund…