India: Mahindra confirms bid plans for Ssangyong

Indian utility vehicle manufacturer Mahindra & Mahindra has confirmed that it has indeed submitted a letter of intent to bid for bankrupt South Korean vehicle manufacturer Ssangyong Motor. "We have submitted an expression of interest for Ssangyong. If we are one of the companies shortlisted, then we will undertake a due It’s time to log … Continued

• By Webmaster
• June 1, 2010