News

The GRA maintained that its suspension of SML’s services in the upstream petroleum and mineral sectors pending further review issued in April 2024 remains in force, adding that it (GRA ...
Orange County officials have unveiled the first of eight vehicles that will soon operate on the OC Streetcar system. The debut of the blue and orange colored vehicle, which will be the county’s ...
Donate now. Originally promised in 2021, Orange County officials on Wednesday unveiled the first streetcar for a new light rail system that’s now heading into a testing phase. Eventually ...
OCEAN CITY, MD - Significant changes could be on the way for Ocean City’s 2025 OC Bikefest due to a former promoter no longer being involved. Touted as the largest motorcycle rally on the east ...
Mahindra & Mahindra Ltd. has announced its strategic move to acquire approximately 59% stake in SML Isuzu for Rs 555 crore, purchasing shares at Rs 650 each. This acquisition includes Sumitomo ...
The SML Isuzu acquisition is strategically aimed at growing market share in the truck and bus segments, while also achieving greater cost efficiencies in the tractor segment, said Mahindra ...
TOKYO -- Major Japanese trading house Sumitomo Corp. and compatriot Isuzu Motors have agreed to sell their entire stakes in Indian commercial-vehicle joint venture SML Isuzu to local automaker ...
Along with EVs, the SML Isuzu stake buy will also give Mahindra an opportunity to enter the CNG commercial vehicle market. Mumbai: Mahindra & Mahindra (M&M) has made major bets on electrification ...
M&M signed share purchase agreements (SPAs), dated April 26, with Sumitomo Corp, Isuzu Motors and SML. Besides, M&M also launched a mandatory open offer for an additional stake of up to 26 per cent in ...
Mahindra & Mahindra has acquired a 59% stake in commercial vehicle manufacturer SML Isuzu for Rs 555 crore via its subsidiary Mahindra Trucks and Buses Division. Through the acquisition ...