Sunday, April 16, 2023

M&M recasts top management roles of auto business, readies for electric play

The changes come at a time when Mahindra is bracing to pursue an aggressive EV strategy on the one hand - Mahindra expects electric models to make up between 20% and 30% of its total SUV sales by March 2027 and is struggling to meet demand for the newly launched SUVs amid supply chain challenges.

from Auto-Industry-Economic Times https://ift.tt/4HaiTUM
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Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...