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Mahindra & Mahindra reports 4% decline in sales during Dec, 2016.

Posted: January 3, 2017 at 7:27 am   /   by   /   comments (0)

Auto major Mahindra & Mahindra has reported 4 per cent decline in total sales at 36,363 units in December.  The company had sold 37,915 units during the same month in 2015, M&M said in a statement. In the domestic market, sales were down 1.5 per cent to 34,310 units last month as compared to 34,839 in the year-ago period, it added.

Exports during the month declined by 33 per cent to 2,053 units as against 3,076 units in December 2015, the company said.

Sales of its passenger vehicles, including Scorpio, XUV500, Xylo, Bolero and Verito, were down 8 per cent to 16,698 units as compared to 18,197 units in the same month last year.

Commercial vehicle sales were up 14 per cent to 14,154 units in December as against 12,465 units in the year-ago period, M&M said.

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