Rajesh Jejurikar, ED & CEO of Auto & Farm at M&M, announced the launch of the new Thar Roxx, a spacious and comfortable mainstream product. Despite potential cannibalisation with the current Thar, the company expects significant growth. The new Thar Roxx features a platform enhancing ride quality, similar to SUV 700, and is priced competitively.
Oil prices edge down, forecasts for higher oil output, weak demand growth weigh
Oil prices edged lower. Global production is expected to rise. Demand growth forecasts are weak. The US dollar strengthened. OPEC lowered its oil demand growth