India's Mahindra & Mahindra posts 23% rise in December SUV sales
Mahindra & Mahindra saw a significant 23% jump in December SUV sales to dealers. This surge is attributed to recent tax cuts on larger engine SUVs. The Indian government reduced taxes in September to stimulate demand. Other major automakers like Maruti Suzuki, Hyundai India, and Tata Motors are expected to release their sales figures soon.