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This confidence, according to industry experts, is rooted in the nearly 4.23 million units of passenger vehicle (PV) sales achieved during FY 24, with sustained growth projected for the coming years.
With the overwhelming response that the XUV 3XO has received, the company plans a boost in production so as to ensure timely deliveries.
Out of the total amount earmarked for auto verticals, nearly 52 percent of the outlay will be spent on Internal Combustion Engine Vehicles, especially Sports Utility Vehicles (SUVs)
In the fiscal fourth quarter, Mahindra & Mahindra's tractor sales volumes slipped 20 percent year-on-year to 71,000 units. The company also conceded market share from the year-ago period.
Mahindra & Mahindra (M&M) on Thursday announced that it sold a total of 41,008 SUVs in the domestic market in April, registering an 18 per cent (year-on-year) growth compared to the same month of last year when it sold 34,694 SUVs.The ...