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Speed-breaker ahead for M&M on US body order

| Updated on January 07, 2019 Published on January 07, 2019

 

Shares of Mahindra & Mahindra may remain under pressure, as the United States International Trade Commission (ITC) has passed an order saying that the complaint filed by Fiat Chrysler Automobile US, (FCA) will not be dismissed at this stage, as sought. The order further said that the investigation by the ITC will continue. Earlier, FCA had moved ITC alleging that certain design features of the Mahindra Roxor infringe the intellectual property rights of Fiat’s Jeep design.

Published on January 07, 2019
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