M&M domestic passenger vehicle sales up 33% in July at 28,053 units
Mahindra & Mahindra Ltd on Monday reported a 33 per cent increase in domestic passenger vehicles sales in July this year at 28,053 units, driven by its utility vehicles.
The company had sold 21,046 units in the same month last year, Mahindra & Mahindra (M&M) said in a regulatory filing.
Domestic utility vehicle sales during the month were at 27,854 units, as against 20,797 units in the year-ago month, a growth of 34 per cent, it added.
On the other hand, sales of cars and vans were down 20 per cent at 199 units, as compared to 249 units a year ago, M&M said.
M&M President, Automotive Division, Veejay Nakra said the company witnessed robust demand for its brands, including XUV700, Thar, Bolero and XUV300.
"The supply chain situation continues to remain dynamic, and we are monitoring the situation closely," he added.
M&M said sales of commercial vehicles were at 20,946 units last month, as against 17,666 units in the year-ago month, a growth of 18.56 per ...