Utility vehicle manufacturer Mahindra & Mahindra recorded a negative growth of 15 per cent in sales for July 2019 for its passenger vehicles division which comprises utility vehicles, cars and vans. The company sold 16831 units in July 2019 as compared to 19781 units in July 2018.
Commercial vehicles sales too dipped by (-)17 per cent at 15969 units (19284) in July 2019. The July 2019 sales of Medium & Heavy Commercial Vehicles stood at 417 units as compared to 866 units, thereby recording a (-) 52 per cent drop. Exports overall grew by 3 per cent with 2668 units sold.
Sales Summary July 2019
Category
July
YTD July
F20
F19
% Change
Passenger Vehicles
16831
19781
-15%
76231
80560
-5%
Utility Vehicles
16003
17879
-10%
72098
73953
-3%
Cars* + Vans
828
1902
-56%
4133
6607
-37%
Commercial Vehicles
15969
19284
-17%
67563
76224
-11%
LCV < 3.5T
14874
17785
-16%
62342
69168
LCV > 3.5T
678
633
7%
2988
3026
-1%
MHCV
417
866
-52%
2233
4030
-45%
3W
4674
5540
17810
18545
-4%
Total Domestic Sales
37474
44605
161604
175329
-8%
Total Exports
2668
2594
3%
10227
11970
Total Sales (Domestic + Export)
40142
47199
171831
187299
*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
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