Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3120.45
36.95 (1.20%) M&M’s subsidiary unveils new compact SUV in South Africa
Date: 02-06-2016Mahindra & Mahindra’s (M&M) South African subsidiary has launched a new compact utility vehicle in South Africa, with the company trying to reach out to the youth with its latest offering and capture a bigger market share in the country. The new sporty KUV100 available in petrol and diesel is the smallest vehicle in Mahindra South Africa's product range.
M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.