M&M set to ride out in Jeep?
It's ironic that at a time when Mahindra's auto business could pick up America's Jeep brand cheap, it may be wary of spending any money at all. But the company says that while new investments may be put in deep freeze, its immediate plans for which money has already been spent are very much on track, slowdown notwithstanding. Will they buy it, or won't they? Well the official line still stands-it's not the best time to spend cash and of course nobody can comment on speculation.
