Mahindra has been facing a rough patch for quite some time now. The deregulation of diesel prices has hit their sales prospects as most of their vehicles are diesel-powered. Their stranglehold over the utility vehicle space is a thing of the past, and the company is at stress.
Not a Single Verito Vibe Produced this Fiscal
The Logan first came into picture in India back in April 2007, the association with Mahindra helped them cut costs by 15 percent. In 2010 though Mahindra bought out Renault’s 49 percent share. It got a new name and a new face. However, to gain further inroads into the passenger car market, they launched the … Read more