Mahindra & Mahindra Ltd. (M&M Ltd.) sold 10,417 vehicles in June 2020, as against 16,394 vehicles in June 2019 in the Commercial Vehicles segment.
Commenting on the performance, Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd. said, “The automotive industry has started to see recovery both in the passenger and small commercial vehicle segments. This has been led primarily by rising rural demand and movement of essential goods across the country. Our key brands such as Bolero, Scorpio and Pik-Ups, are all seeing good traction. Managing the supply chain will be our key focus area as we ramp up production to meet this increased demand.”
Sales Summary June 2020
Category
June
YTD June
F21
F20
% Change
Commercial Vehicles
10417
16394
-36%
15587
51594
-70%
LCV < 3.5T
10332
14863
-30%
15453
47468
-67%
LCV > 3.5T
34
826
-96%
44
2310
-98%
MHCV
51
705
-93%
90
1816
-95%
3W
13
4251
-100%
52
13136
Headfox Innovation Pvt Ltd, a leading Indian wearable brand specialising in Bluetooth-enabled helmets and riding gear, has announced the launch of Tarmac, a next-generation Bluetooth helmet designed t...
Recognising this growing demand for high-performance lighting upgrades, Uno Minda, a leading Tier 1 supplier of proprietary automotive solutions to Original Equipment Manufacturers (OEMs), has launche...
Yokohama India launched the Geolandar X-CV range, originally developed for luxury SUVs wheel sizes above 18 inches, the same technology is now being introduced from 16 inches onwards, bringing premium...