Saturday, May 29, 2021

Mahindra Mahindra expects car sales to take two years to rebound after COVID shock

Mahindra Mahindra expects car sales to take two years to rebound after COVID shock Battered by the pandemic in 2020 and an economic slowdown in 2019, passenger vehicle sales in India fell to 2.7 million units in the last fiscal year - their lowest level in six years and well below the peak of 3.4 million units in fiscal year 2019.

from Moneycontrol Business News https://ift.tt/3c3WNv5

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Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...