Mahindra will acquire Japan-based Sumitomo Corp's 43.96 per cent stake in SML Isuzu, along with Isuzu Motors' 15 per cent stake New Delhi: In a strategic move to strengthen its foothold in the I&LCV ...
The SML Isuzu share price is seeing smart gains and Ashok Leyland is also in focus on account of buzz about potential take over of SML Isuzu. According to a report by Moneycontrol, Ashok Leyland is ...
Mahindra & Mahindra is set to acquire SML Isuzu Ltd. in a deal valued at Rs 555 crore to bolster its presence in the large commercial-vehicle segment. The Scorpio maker will pick up a 43.96% stake—or ...
Mahindra & Mahindra has acquired a 59% stake in commercial vehicle manufacturer SML Isuzu for Rs 555 crore via its subsidiary Mahindra Trucks and Buses Division. Through the acquisition, Mahindra & ...
Along with EVs, the SML Isuzu stake buy will also give Mahindra an opportunity to enter the CNG commercial vehicle market. Mumbai: Mahindra & Mahindra (M&M) has made major bets on electrification of ...
0 The price of school buses has gone up due to the implementation of the Fire Alarm and Protection System (FAPS) Commercial vehicles maker SML Isuzu has decided to hike the prices of its truck and ...
The SML Isuzu acquisition is strategically aimed at growing market share in the truck and bus segments, while also achieving greater cost efficiencies in the tractor segment, said Mahindra & Mahindra ...
Chandigarh-based SML Isuzu has revealed its vehicle sales number for the month of May, 2023. The auto manufacturer has posted 13% increase in its total sales last month as compared to May 2023. SML ...
Indian automaker Mahindra & Mahindra Ltd (M&M) has completed the acquisition of a 58.96 per cent stake in SML Isuzu Ltd from Sumitomo Corporation, Japan and Isuzu Motors Ltd, Japan. The company will ...