Sunday, January 26, 2025

Robust demand drives auto exports up 19%

Automobile exports from India increased by 19% in 2024, driven by strong demand for two-wheelers, passenger vehicles, and commercial vehicles. Overall shipments reached nearly 51 lakh units, with a notable rise in demand from Latin America and Africa. Passenger vehicle exports saw a 10% growth.

from Auto-Industry-Economic Times https://ift.tt/89Yo43B

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Mahindra to buy nearly 59% stake in SML Isuzu for Rs 555 crore at deep discount

Mahindra & Mahindra (M&M) is set to acquire a 58.96% stake in SML Isuzu for ₹555 crore, aiming to bolster its presence in the commer...