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M&M to sell controlling stake in Peugeot Motocycles to Mutares

Germany-based Mutares SE & Co will acquire 80 per cent controlling stake in Mahindra & Mahindra's French unit Peugeot Motocycles. Photograph: Benoit Tessier/Reuters In a statement, the......

M&M unveils new logo for its SUVs

Home-grown auto major Mahindra and Mahindra on Monday unveiled a new visual identity, including a brand-new logo, exclusively for its SUV portfolio, ahead of the launch of its much awaited SUV,......

2nd Covid wave derails recovery momentum of auto industry

The second wave of the pandemic in the country has derailed the recovery momentum of the domestic auto industry, which was poised for a comeback in the current fiscal after witnessing the two......

MFs pare down stake in 34 auto stocks

Among the stocks that have seen the largest cut by MFs, the DVR shares (shares with differential voting rights) of Tata Motors have seen a cut of 243 basis points (bps) in MFs' stake, reports Jash......