Mahindra tractor sales down 37% in Sep at 18,087 units

Home-grown auto major Mahindra & Mahindra today reported a 37 per cent decline in its tractor sales at 18,087 units in September as against 28,739 units in the same month last year.
Domestic tractor sales in September stood at 17,052 units against 27,321 in the year-ago month, down 37.58 per cent, the company said in a statement.
Exports during the month were at 1,035 units compared with 1,418 last year, a decline of 27 per cent, it added.
Commenting on the market situation, M&M President & Chief Executive-Farm Equipment and Two Wheeler division Rajesh Jejurikar said: "With rainfall improving in the later part of the month, we are looking forward to the festive season to bring in positive sentiments in the marketplace.