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Mahindra & Mahindra records 6% decline in sales volume in Jan 2020

Business Finance

Capital Market 

Mahindra & Mahindra has achieved total sales of 52546 units in month of January 2020 compared to 55722 units in January 2019, recording a decline of 6%.

Total sales include domestic sales of 50785 units and exports of 1761 units, lower by 3% and 45% respectively.

In the Passenger Vehicles segment (which includes UVs, Cars and Vans), Mahindra sold 19,797 vehicles in January 2020, compared to 23,872 vehicles in January 2019.

In the Commercial Vehicles segment, the company sold 22,851 vehicles in January 2020, as against 22,625 vehicles in January 2019.

In the Medium and Heavy Commercial Vehicles segment, Mahindra sold 471 vehicles for the month. Exports for January 2020 stood at 1,761 vehicles.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Sat, February 01 2020. 14:08 IST