Mahindra & Mahindra to demerge truck & bus operations

Indian automotive manufacturer Mahindra & Mahindra (M&M) has decided to rename the erstwhile Mahindra Navistar Automotive Ltd as Mahindra Trucks and Buses Ltd (MTBL). This will function as a wholly-owned subsidiary of Mahindra Group. The company has also voiced its intention to demerge its truck and bus operations from MTBL Subscribe to Automotive World to … Continued

Indian automotive manufacturer Mahindra & Mahindra (M&M) has decided to rename the erstwhile Mahindra Navistar Automotive Ltd as Mahindra Trucks and Buses Ltd (MTBL). This will function as a wholly-owned subsidiary of Mahindra Group. The company has also voiced its intention to demerge its truck and bus operations from MTBL

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https://www.automotiveworld.com/articles/mahindra-mahindra-to-demerge-truck-bus-operations/

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