Mahindra & Mahindra sales skid 42% to 32,476 in February, exports down 40%

Auto major Mahindra and Mahindra (M&M) on Sunday reported a 42 per cent decline in total sales at 32,476 units in February.

The company had sold 56,005 units in the same month last year, M&M said in a statement.

In the domestic market, sales were down 42 per cent to 30,637 units last month as compared with 52,915 units in February 2019.

Exports dropped 40 per cent to 1,839 units as compared with 3,090 units in the year-ago month.

In the passenger vehicles segment, which includes utility vehicles, cars and vans, M&M sold 10,938 vehicles in February this year as against