Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) has reported auto sales performance for March 2020 which stood at 7,401 vehicles, compared to 62,952 vehicles during March 2019, registering a fall of 88%. The company’s domestic sales stood at 6130 vehicles during March 2020, as against 59012 vehicles in March 2019. Exports for March 2020 stood at 1271 vehicles.    

In the Passenger Vehicles segment (which includes UVs, Cars and Vans), the company sold 3,384 vehicles in March 2020, compared to 27,646 vehicles in March 2019. In the Commercial Vehicles segment, the company sold 2,325 vehicles in March 2020, as against 24,423 vehicles in March 2019. In the Medium and Heavy Commercial Vehicles (MHCV) segment, the company sold 4 vehicles for the month. 

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.