Mahindra & Mahindra is finding it tough to exorcise the ghosts of failed Chinese ownership at its South Korean car unit Ssangyong as it looks to push the brand into China's auto market, the world's la

South Korean carmaker Ssangyong Motor Co. said Tuesday it signed a 522.5-billion-won ($464-million) takeover deal with India's Mahindra & Mahindra Ltd.

Ssangyong, South Korea's smallest carmaker, is

Mahindra & Mahindra Ltd said on Wednesday that it expects to sign a final agreement to buy South Korea's money-losing Ssangyong Motor Co Ltd by December as it starts pricing negotiations.

"We complet

Aug. 12: Mahindra & Mahindra (M&M), India’s leading utility vehicle maker, has emerged as the preferred bidder for Ssangyong, South Korean SUV manufacturer. As the preferred bidder, the company will