Mahindra & Mahindra Ltd. (M&M Ltd) sold 14,684 units of commercial vehicles in August 2019, as against 20,326 vehicles in August 2018. The company’s cv sales dropped 26.28 per cent for Aug 2019.
In the Medium and Heavy Commercial Vehicles segment, Mahindra sold 354 vehicles for the month.
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
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%
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