M&M posts record 55% fall in total sales in June, 72% decline in exports

The commercial vehicle sales slumped 36 per cent to 10,417 units in June 2020 as against 16,394 units in the year-ago month

Home-grown auto major Mahindra & Mahindra on Wednesday reported a steep 55 per cent fall in total sales at 19,358 units in June.

The company had sold 42,547 vehicles in June last year.

Domestic sales dropped 53 per cent to 18,505 units last month, as against 39,471 units in June 2019.

The company registered a 72 per cent decline in exports at 853 units last month as compared to 3,076 units in the year-ago period.

Sales in the passenger vehicles segment, which includes UVs, cars and vans, stood at 8,075 units as compared to 18,826 units in the same month