Latest Updates Around The World
Indian automaker Mahindra & Mahindra plans to expand capacity for its sports utility vehicles and electric vehicles this year to meet rising demand, helping the company post a nearly 33% quarter-on-quarter profit increase on Wednesday.The Mumbai-based company is India’s second-largest automaker by revenue, with a portfolio made up entirely of feature-rich SUVs.Mahindra plans to increase […]
SUVs are driving the growth of the domestic passenger car segment, with customers looking to upgrade to bigger cars instead of downgrading to smaller ones due to lower prices after the GST rate cut, a top Hyundai Motor India executive said.The company, which on Tuesday introduced an all-new version of its Venue compact SUV, said […]
Car sales in India hit a monthly record in October, early data from automakers showed, as festive seasonal offers and VAT cuts drew buyers to car showrooms. Initial industry estimates showed that Indians bought as many as 470,000 cars, sedans and SUVs last month – 17% more than in October 2024. The previous sales record […]
Mahindra & Mahindra Ltd on Saturday reported 26 per cent growth in total car sales to 1,20,142 units in October this year. Domestic passenger car sales grew 31 percent to 71,624 units in October, compared to 54,504 units in the same month last year, Mahindra & Mahindra Ltd (M&M) said in a filing with the […]
