Friday, April 10, 2026

M&M exits foundry business in Turkey, sells stake to Hisarlar-led consortium

Mahindra & Mahindra has announced the divestiture of its interest in Erkunt Foundry, handing over control to a consortium spearheaded by Hisarlar Makina Sanayi. This move is a calculated part of Mahindra's capital allocation strategy, with the transaction worth 100,000 Turkish Lira.

from Auto-Industry-Economic Times https://ift.tt/RnY3auc

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Maruti Suzuki announces price protection for small cars booked till June 14

Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buye...