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M&M’s Auto Sector registers 9% fall in April sales

02 May 2019 Evaluate

Mahindra & Mahindra (M&M) has reported auto sales performance for April 2019 which stood at 43,721 vehicles, compared to 48,097 vehicles during April 2018, a fall of 9%. The company’s domestic sales touched 41,603 vehicles during April 2019, as against 45,217 vehicles in April 2018. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 19,966 vehicles in April 2019.

In the Commercial Vehicles segment, the company sold 17,321 vehicles in April 2019, as against 18,963 vehicles in April 2018. In the Medium and Heavy Commercial Vehicles segment, M&M sold 474 vehicles for the month. Exports for April 2019 stood at 2,118 vehicles.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

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