Thursday, June 5, 2025

Passenger vehicle retail sales dip 3% in May as demand softens

Passenger vehicle retail sales in India experienced a 3% decline in May due to customer purchase delays amid geopolitical tensions and softening demand for entry-level models. Two-wheeler sales rose by 7%, driven by auspicious events and pre-monsoon demand, while commercial vehicle sales fell by 4% due to muted freight and tight liquidity.

from Auto-Industry-Economic Times https://ift.tt/qr36JCS

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...