Mahindra & Mahindra posts 9% development in home gross sales in February, Auto Information, DFL
The Passenger Autos phase (which incorporates UVs, Automobiles and Vans) bought 26,109 automobiles in February 2019, as towards 22,389 automobiles in February 2018, registering a development of 17%.
Commenting on the efficiency, Rajan Wadhera, President, Automotive Sector, M&M Ltd. stated, “The month of February has augured well for Mahindra. We have witnessed a strong double digit growth of 16% in our UV portfolio, on the back of our newly launched XUV300 model. Further, the overall growth for the month has been around 10%. On a YTD basis too, we have shown a strong growth of 12% at an overall level.”
Within the Business Autos phase, the corporate bought 21,154 automobiles in February 2019, as towards 20,946 automobiles in February 2018, registering a marginal development.
Within the Medium and Heavy Business Autos phase, M&M bought 686 automobiles for the month. Exports for February 2019 stood at 3,090 automobiles, a development of 16%.