Mahindra & Mahindra’s tractor sales boom in August

Mahindra & Mahindra reported a record sales high with a 69% year on year sale increase owing to a dynamic and expanding domestic market.

Advertisement

While the Light Commercial Vehicles’ sales have been dropping the farming vehicles sales have booming.
Mahindra & Mahindra reported a record sales high with a 69% year on year sale increase owing to a dynamic and expanding domestic market.
According to M&M’s farming equipment sector President, Hemant Sikka, the sale of tractors stayed consistently up in August owing to a good harvest of Kharif crops.
M&M’s CEO of the Automotive Division, on the sale of LCVs, said, “At Mahindra, we continue to see good recovery in demand for both SUVs and pick-ups in the small commercial vehicles segment. For the month of August, we have registered growth in both SUVs and Pick-ups. We have been able to meet the uplift in demand by managing the supply chain challenges and going forward will continue to keep our focus on it.”