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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Centre to do tariff math, seeks auto parts data

India's government has requested data from auto parts companies to assess the impact of the US's new 25% tariff on car and component...