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Mahindra said the pressure to conserve cash, need for investments in emerging technologies and intensifying focus on its core automobile business in India have influenced its step.(MINT)

Blaming pandemic, M&M pulls the plug on JV with Ford

By Malyaban Ghosh | Livemint
UPDATED ON JAN 02, 2021 04:30 AM IST
Mahindra aims more than Rs 3,000 cr in cost savings through the separation and a potential stake sale of SsangYong Motor Co.
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China’s announcement adds to a tough past few weeks for chief executive officer Elon Musk and Tesla investors, with a string of bad news hurting the company’s shares.(Reuters File Photo)
China’s announcement adds to a tough past few weeks for chief executive officer Elon Musk and Tesla investors, with a string of bad news hurting the company’s shares.(Reuters File Photo)

Tesla at risk from China’s reciprocal tariffs

By HT Correspondent | Bloomberg
PUBLISHED ON APR 04, 2018 03:39 PM IST
While other autos imported from the US were also on the list, including most types of SUVs, Tesla is at a particular risk because it relies on American-made vehicles for all its Chinese sales
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