M&M’s Ssangyong dilemma
Posted on September 06th, 2010 in Auto Sector, India, India Shares, M&M, South Korea, Ssangyong Motor
While the recently bagged South-Korean SUV maker, Ssangyong Motors has been the talk of the automotive town in the country, the fact of the matter is, M&M has clarified at the outset that it has no commitments towards the labour of the company.
It is to be mentioned here that the company has faced labour issues in the past as well and as the company has said that it has no commitment on retaining jobs or volume growth in its deal with SsangYong Motor, it is expected that that a similar scenario will be faced by M&M as well in the coming times.
Tags: India Share market, India Shares
