Sales of passenger vehicles in the local market increased by 8.4% to its highest-ever mark at 4.22 million units in the financial year concluded March 31, 2024 powered by better supplies and sustained consumer demand. Two-wheeler sales too recovered, growing by over 13% to 17.9 million units in the year under review.
Leading Indian automaker Mahindra & Mahindra announces the launch of its new SUV, XUV 3XO. The vehicle promises a combination of thrilling performance, cutting-edge technology, unmissable design, and unparalleled safety. Mahindra & Mahindra aims to cater to the aspirations of urban drivers and surpass expectations in all facets of SUV ownership. With SUVs gaining popularity in India, the company expects a positive response to its new offering.
Expert view: Post demerger, passenger vehicles to remain the long-term story for Tata Motors
