Mahindra and Fiat Rejoice

Auto sales have hit a 14-year low. Every car-maker is offering free TVs, insurance policies and cash discounts on their products in this time of recession. But despite this grim market scenario, Fiat and Mahindra seems to be laughing all the way to the bank. Fiat has sold 1,512 units of the Linea saloon for the month of January and Mahindra has sold 1,788 units of its MUV, the Xylo, within two weeks of the latter's launch.