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M&M expects demand revival for LCVs in H2FY25
September 17, 2024
|The Morning Standard
AUTO major Mahindra & Mahindra (M&M) is expecting a revival in demand for light commercial vehicles (LCVs) during the second half of the ongoing financial year.
The automaker, which dominates more than half of the LCV market, feels that increased government spending and improving rural sentiment will support the growth momentum.
Veejay Nakra, President of Automotive Division, Mahindra & Mahindra said that intense heatwaves and the election season led to a slowdown in demand for LCVS after two years of blockbuster sales in the 2-3.5 tonne segment.
هذه القصة من طبعة September 17, 2024 من The Morning Standard.
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