This is a rare occurrence. To me these guys were competitors and not potential partners or never have I envisaged a concept of them coming together before. Recession has forced a lot of manufacturers..
Fiat’s Ranjangaon (Pune) plant with the capacity to produce 3.33 lakh engines a year, can produce a much larger volume of engines than the company and its joint venture partner Tata Motors would need..
Kinetic motors to form a joint venture with Mahindra & Mahindra for manufacturing two wheelers. Kinetic motors have been going under losses for quite a few years now. This quarter they incurred a..