Excise cut drives car sales in fast lane

Publish Date: 01 Jul 2014, 10:18 PM
Last Updated: 01 Jul 2014, 10:18 PM
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Excise cut drives car sales in fast lane

Excise cut drives car sales in fast lane

Auto major Mahindra & Mahindra, which reported a marginal one per cent increase in total sales at 38,471 units in June, said a weak monsoon could impact the overall consumer sentiment, which may result in prospective buyers putting on hold the purchase. The company had sold 38,092 units in the same month last year.

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