Mahindra breaks up after 10 years
Mahindra & Mahindra and SsangYong Motor have officialy parted ways.
Korean SUV maker has now been acquired by a consortium led by Edison Motors.
The XUV300 is a successful product that came under a licence from SsangYong.
The Alturas also borrowed heavily from the SsangYong parts bin.
Rising losses and the impact of Covid-19 pandemic lead to the decision of M&M selling theKorean brand.