Mahindra has parted ways from the Navistar JV, and their trucks as well as bus operations are separately known as Mahindra Trucks and Buses Limited (MTBL). They have aggressive plans for the future, and it seems those have begun to surface!
mahindra navistar
Navistar to Exit Indian Truck Business; Mahindra to Buy Complete Stake
It seems Mahindra had promised that it would acquire something during this period. When Aston Martin did not work out, to fulfill their word, they bought Mahindra-Navistar JV completely!
SPIED: Slightly Camouflaged Mahindra Navistar 25 Tonne Truck Caught Testing; Most Probably MN25 Tipper CH
Pune based Mahindra Navistar trucks, a joint venture between Mahindra of India and International Truck & Engine Corporation of USA, is preparing to penetrate deep into the Indian market.