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M&M data home gross sales of 34,432 models in April 2021, Auto Information, Automobilnews – Information by Automobilnews.eu

M&M data home gross sales of 34,432 models in April 2021, Auto Information, Automobilnews


M&M exported 2,005 models final month in opposition to 733 models in April 2020.

By Amit PandayNew Delhi: Passenger and industrial car producer Mahindra and Mahindra Ltd (M&M) has reported whole home gross sales of 34,432 models in April 2021.

The month was marred by a second wave of rising COVID-19 circumstances throughout the nation as individuals motion was restricted and partial lockdowns had been applied throughout a number of states, the corporate mentioned on Saturday.

“The models offered in April this yr will not be comparable with April 2020, since no autos had been offered final yr within the home market attributable to COVID-related (nationwide) lockdown,” it mentioned in an official observe.M&M passenger car wholesale for the final month stood at 18,285 models, which included utility car gross sales of 18,186 models and 99 models within the automobile and van class.

In the meantime, within the industrial car class, M&M offered 16,147 models final month. The volumes embrace 12,210 models offered within the 2-tonne to three.5-tonne gentle industrial car or LCV class. It additionally offered 1,561 models of the LCVs that weigh lower than 2-tonne of gross car weight (GVW).

The corporate offered 333 models of CVs heavier than 3.5 tonne GVW together with medium and heavy industrial autos (MHCV). Within the three-wheeler section, together with electric-3Ws, it offered 2,043 models final month.

In keeping with Veejay Nakra, chief govt officer, automotive division, M&M, April recorded a development of 9.5% in passenger car wholesales when in comparison with the earlier month, March 2021.

“With the rise in lockdown restrictions in lots of components of the nation we foresee persevering with provide chain-related manufacturing challenges. Whereas demand stays good, there could be some influence within the first quarter because of low buyer motion and dealership exercise as a result of lockdown restrictions,” Nakra mentioned.

The corporate exported 2,005 models final month in opposition to 733 models in April 2020. Farm gear sector

M&M’s farm gear sector offered 26,130 tractors in April. The corporate offered 26,130 tractors within the home market over the past month, in opposition to 4,716 models offered in April final yr. Tractor exports for the month stood at 1,393 models, it mentioned.

Clarifying that the excessive development witnessed in April 2021 is as a result of low base from April final yr, Hemant Sikka, president – farm gear sector, M&M mentioned, “There have been disruptions in provide chain as a result of localised lockdowns and availability of oxygen together with dealerships in a couple of states getting closed impacting demand momentum.”

“All agriculture-related fundamentals proceed to stay robust, with bumper rabi crop harvest and forecast of a standard monsoon. We anticipate that tractor demand will bounce again as farmers begin making ready their land for Kharif crops within the ensuing weeks,” Sikka mentioned and added that the corporate continues to watch the evolving COVID-19 state of affairs throughout the states.



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M&M data home gross sales of 34,432 models in April 2021, Auto Information, Automobilnews – Information by Automobilnews.eu
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