Friday 16 January 2015

Mahindra sales decline by 4% in July 2014

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Mahindra & Mahindra’s total auto sales stood at 35,567 units during July 2014, as against 37,096 units during July 2013, registering 4% de-growth. The company’s domestic sales were at 33,047 units during July 2014, as against 34,490 units during July 2013, registering 4% decline. Exports declined by 3%.
The total sales during April to July FY 2014-15 stood at 148,190 units 7% de-growth as against 160,080 units sold during the same period of FY 2013-14. Domestic sales declined at 9% whereas Exports registered 23% growth.
For July sales three wheelers registered growth of 15%. Passenger segment declined by 5%, four wheeler commercial vehicles at de-grow by 9% while the sales of Mahindra Trucks and Bus are down by 1%.
For April to July period of FY 2014-15, passenger vehicle sales drop by 11% while four wheeler commercial vehicles de-grow by 10%. Three wheeler segment sales grow by 1% while trucks and bus sales are down by 1%.

Source: Autobei

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