Negotiations between Mahindra & Mahindra (M&M) and Skoda Auto Volkswagen India for a 50:50 joint venture have stalled due to disagreements on key issues. The companies had previously signed non-binding MoUs but are now unable to finalize crucial agreements. M&M, which has strengthened its position in the Indian market, may be reluctant to proceed if it must compromise on development costs and sourcing.
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