Indian Carmaker Mahindra to Sell Hybrid SUVs in U.S.A.
Mumbai: Utility vehicle and tractor maker Mahindra & Mahindra Ltd plans to market hybrid sport utility vehicles (SUVs) in the United States.
The company has also entered into a joint venture agreement with US-based Navistar International Corp to manufacture diesel engines in India at an investment of $90 million over the next five years.
"Given the growing opposition to SUVs in the United States, we have a plan to market hybrid SUVs," M&M managing director Anand Mahindra said at a conference on climate change.
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