Mahindra & Mahindra Ltd. (M&M Ltd.) recorded flat sales in commercial vehicles as it sold 18,907 commercial vehicles in September 2020, as against 18,872 vehicles in September 2019.
While LCVs less than 3.5 tons saw a 3 per cent increase in September 2020, LCVs more than 3.5 tons and Medium and Heavy Commercial Vehicles saw a drop of (-) minus 62 per cent and (-) minus 63 per cent respectively. Three wheeler sales also dropped by 92 per cent in September 2020.
Sales Summary September 2020
Category
September
YTD September
F21
F20
% Change
Commercial Vehicles
18907
18872
0%
62896
101119
-38%
LCV < 3.5T
18576
17998
3%
62104
94195
-34%
LCV > 3.5T
178
466
-62%
375
3929
-90%
MHCV
153
408
-63%
417
2995
-86%
3W
587
7487
-92%
1029
30670
-97%
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