Indian automaker Mahindra seeks to give up control of struggling unit SsangYong

Indian automaker Mahindra seeks to give up control of struggling unit SsangYong

Reuters India

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Mahindra & Mahindra plans to give up control of struggling South Korean unit SsangYong Motor, the Indian automaker's managing director said on Friday, as it looks to exit loss-making ventures amid the coronavirus pandemic.

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