Mahindra & Mahindra posts 9% development in home gross sales in February, Auto Information, DFL – ALL NEWS BY DF-L.DE

Mahindra & Mahindra posts 9% development in home gross sales in February, Auto Information, DFL – ALL NEWS BY DF-L.DE

Mahindra & Mahindra posts 9% development in home gross sales in February, Auto Information, DFL


NEW DELHI: House-grown automaker, Mahindra & Mahindra Ltd. (M&M Ltd.) on Friday introduced its home gross sales efficiency for February 2019 which stood at 52915 automobiles, in comparison with 48473 models throughout February 2018, a development of 9%.

The corporate’s complete gross sales inluding exports touched 56005 automobiles throughout February 2019, as towards 51127 automobiles in February 2018, a development of 10%.

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%.

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