Mahindra & Mahindra Ltd. (M&M) have acquired 58.96 per cent stake in SML Isuzu Ltd. (SML) from Sumitomo Corporation, Japan and Isuzu Motors Limited, the company said in a statement on Saturday.
Chandigarh (Punjab) [India], Sep 14 (ANI): SML Isuzu will keep its chassis division closed for six days due to falling demand for commercial vehicles and rising inventory levels.