M&M and Navistar had set up a joint venture to manufacture trucks and buses in India -- Mahindra Navistar Automotives Ltd (MNAL
) in 2005.
The firm will also provide support for the two joint ventures.Country: IndiaSector: Motor VehiclesTarget: Mahindra Navistar Automotives Ltd (MNAL
), Mahindra Navistar Engines Pvt Ltd (MNEPL)Buyer: Mahindra & Mahindra Ltd (M&M)Vendor: Navistar International CorporationDeal size in USD: 32.4mType: Corporate acquisitionComment: The deal size is combined.
Completion is scheduled for early 2013.Country: IndiaSector: Motor VehiclesTarget: Mahindra Navistar Automotives Ltd (MNAL
), Mahindra Navistar Engines Pvt Ltd (MNEPL)Buyer: Mahindra & Mahindra Ltd (M&M)Vendor: Navistar International CorporationDeal size in USD: 32mType: Corporate acquisitionStatus: ExclusivityComment: The deal size is combined.
is self-sufficient, it does not depend on Navistar, or for that matter, even on Mahindra for anything.
The report quoted Nalin Mehta, managing director, MNAL
as saying "We plan to take our bus production from 11,000 per annum now to 20,000 per year within three years time."
) today unveiled two new offerings to expand their commercial vehicle range, the 25 tonne tipper, MN25 and the 40 tonner tractor trailer, MN40.
After the Gunners beat Steve McClaren's FC Twente 2-0 in the Mrst leg of their Champions' League Mnal
qualifying round tie on Wednesday, Wenger said: "Will something be done ahead of the second leg?
In the Heavy Commercial segment, Mahindra Navistar Automotive Ltd (MNAL
) will launch its 49 tonne tractor, the 25 tonne construction tipper in addition to its range of buses (32 and 40 seater).
The American left-hander was unable to take advantage of calm, sunny conditions in yesterday's Mnal
round at Loch Lomond, returning a two-over par 73 for a two-under aggregate of 282.
21 -- Mahindra Navistar Automotives Limited (MNAL
), a part of the Us $ 14.4 billion Mahindra Group, felicitated and awarded the heroes of the Indian transportation industry.