M&M domestic sales falls, tractor's up
Published On Jun 01, 2009 01:59 PM By Vidyadhar
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Mahindra & Mahindra's (M&M) domestic sales dipped, in May, 16,581 units compared to 19,296 units in the same period a year ago. However, the company termed it as impressive sales number and said that it shows a positive and healthy demand for their products, in spite of the recent shut down at their Nashik plant. M&M Chief of Operations Rajesh Jejurikar said in a release that the company registered an impressive sales number of 16,581 units in May 2009. It sold 12,620 utility vehicles in the reporting month against 13,048 units in May 2008. It sold 2,703 three wheelers against 3,708 units in may 2008. It sold 427 Logans and 831 LCVs against 1,531 Logans and 1,009 LCVs a year ago. Its total sales including exports stood at 16,866 vehicles in May 2009 against 20,653 vehicles in May 2008. The company's domestic tractor business witnessed growth in May. It sold 12,870 tractors against 8,825 in May 2008, a jump of 46 per cent. Total sales including domestic and exports stood at 13,500 units against 9,470 for May 2008, a jump of 43 per cent.
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