Mahindra & Mahindra Ltd. (M&M) sold a total (domestic + exports) of 30,426 vehicles in August 2020, registering a decline of 16% compared to 36,085 vehicles sold during August 2019. In the Passenger Vehicles segment (which includes UVs, Cars and Vans), M&M sold 13,651 vehicles last month, registering a marginal growth of 1% compared to 13,507 vehicles sold in August 2019.
Above domestic sales includes sales made in subsidiary company Mahindra Electric Mobility Ltd
In the Commercial Vehicles segment, the company sold 15,299 vehicles in August 2020, as against 14,684 vehicles in August 2019 — a growth of 4%.
At Mahindra, we continue to see good recovery in demand both for SUVs and Pick-ups in the Small Commercial Vehicles segment. For the month of August, we have registered growth in both SUVs and Pick-ups. We have been able to meet the uplift in demand by managing the supply chain challenges and going forward will continue to keep our focus on it. – Veejay Nakra, CEO, M&M
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