Ford Motor Co plans to invest $75 million to retool a Michigan truck plant to build cars as part of its effort to boost its product line-up with more fuel-efficient vehicles, the automaker said on Tuesday.
Car maker Mahindra & Mahindra (M&M) on Thursday said despite its ability to mass-produce electric commercial vehicles, lack of infrastructure in the country is acting as a roadblock for the company to launch such environment-friendly products.