Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
-9.35 (-0.30%)
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M&M’s Auto Sector registers 6% fall in June sales

Date: 01-07-2019

Mahindra & Mahindra (M&M) has reported auto sales performance for June 2019 which stood at 42,547 vehicles, compared to 45,155 vehicles during June 2018, registering a fall of 6%. The company’s domestic sales touched 39,471 vehicles during June 2019, as against 41,689 vehicles in June 2018. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 18,826 vehicles in June 2019.

In the Commercial Vehicles segment, the company sold 16,394 vehicles in June 2019, as against 19,229 vehicles in June 2018. In the Medium and Heavy Commercial Vehicles segment, M&M sold 705 vehicles for the month. Exports for June 2019 stood at 3,076 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.