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M&M expects demand revival for LCVs in H2FY25
The New Indian Express
|September 17, 2024
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.
Bu hikaye The New Indian Express dergisinin September 17, 2024 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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