Car Festival: Mahindra profit beats estimates as India festivals boost vehicle sales - Nikkei Asian Review

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Friday, November 10, 2017

Mahindra profit beats estimates as India festivals boost vehicle sales - Nikkei Asian Review

Mahindra profit beats estimates as India festivals boost vehicle sales - Nikkei Asian Review

Nikkei Asian Review

Mahindra profit beats estimates as India festivals boost vehicle sales
Nikkei Asian Review
The company's utility vehicle sales rose 18% in the quarter, while vans and cars reported a 6.4% increase. Dealers stocked up inventories ahead of the festival season that started in September, considered an auspicious time in India to purchase vehicles.

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