Thursday, May 1, 2025

In a slow market, SUVs keep motown going

Mahindra & Mahindra surpassed Hyundai and Tata Motors in passenger vehicle sales last month, driven by strong SUV demand, while the overall industry saw a modest 6% growth. Maruti Suzuki's chairman highlighted affordability issues hindering small car market growth. Meanwhile, Hyundai focuses on exports amid domestic headwinds, and Toyota sustained growth despite a plant shutdown for maintenance.

from Auto-Industry-Economic Times https://ift.tt/akFLbtj

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