Mahindra & Mahindra Ltd. (M&M Ltd.) in the passenger vehicles segment (which includes UVs, Cars and Vans), sold 13,507 vehicles in August 2019, compared to 19,758 vehicles in August 2018. This is a 31.63pc drop in sales.
The company’s Auto Sector (passenger vehicles and commercial vehicles) overall sales (Domestic + Exports) stood at 36,085 vehicles in August 2019, compared to 48,324 vehicles during August 2018.
Veejay Ram Nakra, Chief of Sales and Marketing, Automotive Division, M&M Ltd. said, “The auto industry continues to be subdued in the month of August due to several external factors. We are optimistic and hopeful of a good festive season going ahead”.
Sales Summary August 2019
Category
August
YTD August
F20
F19
% Change
Passenger Vehicles
13507
19758
-32%
89738
100318
-11%
Utility Vehicles
13037
17892
-27%
85135
91845
-7%
Cars* + Vans
470
1866
-75%
4603
8473
-46%
Commercial Vehicles
14684
20326
-28%
82247
96550
-15%
LCV < 3.5T
13855
18584
-25%
76197
87752
-13%
LCV > 3.5T
475
594
-20%
3463
3620
-4%
MHCV
354
1148
-69%
2587
5178
-50%
3W
5373
5289
2%
23183
23834
-3%
Total Domestic Sales
33564
45373
-26%
195168
220702
-12%
Total Exports
2521
2951
12748
14921
Total Sales (Domestic + Export)
36085
48324
207916
235623
*Above Domestic Sales Includes sales made in subsidiary company Mahindra Electric Mobility Ltd
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