Mahindra & Mahindra Ltd.

Auto major Mahindra & Mahindra (M&M) will foray into the motorcycle segment with a full range of products by this year even as it will take a final call on continuation of its joint venture with French car maker Renault within the next 45 days. M&M has a joint venture with Renault--Mahindra Renault Pvt Ltd--which manufacture the only product Logan in India.

Renault has recently announced to set up its own distribution network to sell the products which will be manufactured from the upcoming Chennai facility, being constructed with Japanese partner Nissan. On its foray into the US market, Mahindra said the company plans to launch its sports utility vehicle Scorpio.