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Mahindra & Mahindra reports muted sales growth in December 2018

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Capital Market
Mahindra & Mahindra announced its auto sales performance for December 2018 which stood at 39,755 vehicles, compared to 39,200 vehicles during December 2017.

The company's domestic sales touched 36,690 vehicles during December 2018, as against 36,979 vehicles in December 2017. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 15,091 vehicles in December 2018, as against 15,543 vehicles in December 2017.

In the Commercial Vehicles segment, the company sold 16,906 vehicles in December 2018, as against 17,542 vehicles in December 2017. In the Medium and Heavy Commercial Vehicles segment, M&M sold 824 vehicles for the month.

Exports for December 2018 stood at 3,065 vehicles, a growth of 38%.

 

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First Published: Jan 01 2019 | 2:15 PM IST

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