Mahindra, Ssangyong to invest US$900m to jointly develop platforms & engines

Indian utility vehicle manufacturer Mahindra & Mahindra, parent company of South Korean vehicle manufacturer Ssangyong Motor, has said that it will invest US$900m in products which it will develop jointly with Ssangyong. This joint investment will be made over a period of four years, the OEM has said. Mahindra & Mahindra's Subscribe to Automotive World … Continued

• By Webmaster
• January 9, 2013