Mahindra & Mahindra Ltd. (M&M Ltd.), sold 11,025 vehicles in July 2020, compared to 16,831 vehicles in July 2019 In the Passenger Vehicles segment (which includes UVs, Cars and Vans).
Commenting on the performance, Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd. said, “At Mahindra, we are happy to see a growing trend in our overall vehicle sales, buoyed by the continuing revival in demand, primarily in rural and semi urban India. It is encouraging to see that the enquiry and booking levels in July are significantly higher compared to June, both for Utility Vehicles and Small Commercial Vehicles. As we ramp up production, the biggest challenge is on the supply side and working around these challenges is our top priority.”
Sales Summary July 2020
Category
July
YTD July
F21
F20
% Change
Passenger Vehicles
11025
16831
-34%
22967
76231
-70%
Utility Vehicles
10898
16003
-32%
22601
72098
-69%
Cars* + Vans
127
828
-85%
366
4133
-91%
Netradyne, a global leader in AI-driven fleet safety, announced the launch of its flagship Driver•i D-450 video safety platform and the latest DMS sensor in India.
ChargeZone, India’s largest EV charging company with over 13,500 charging points, has launched ChargeClub, an exclusive loyalty programme designed to reward EV users for charging their vehicles.
Luminous Power Technologies has announced the launch of Edge, a bold new brand focused on smart, portable power designed for India’s mobile, connected, and sustainability-conscious consumers.