New Cars and Bikes in India

Auto Sales December 2020: Mahindra Farms Records 25 Per Cent Sales Growth

Mahindra has recorded a sales growth of 25 per cent at 22,417 units as compared to 17,991 units sold in the same month last year.

Mahindra has recorded a sales growth of 25 per cent in December 2020. expand View Photos
Mahindra has recorded a sales growth of 25 per cent in December 2020.

Highlights

  • Mahindra has recorded a sales growth of 25 per cent in December 2020.
  • In the same month the company's exports went up by 60 per cent.
  • Overall, the company has recorded a sales growth of 25 per cent.

Mahindra & Mahindra's Farm Equipment Sector has recorded a growth of 23 per cent in the domestic market selling 21,173 units in December 2020 as compared to 17,213 units sold in the same month last year. The company's exports went up by 60 per cent at 1244 units as compared to 778 units exported in the same month last year. Overall, the company has recorded a sales growth of 25 per cent at 22,417 units as compared to 17,991 units sold in the same month last year.

Also Read: Mahindra And Ford Likely To Continue Collaboration In Other Fields

qckrvrl8

Mahindra's Telangana plant has a production capacity of over 1,00,000 tractors per year on a 2-shift basis.

Commenting on the performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra said, "We have sold 21,173 tractors in the domestic market during December 2020 with a growth of 23 per cent over last year. The wholesale volumes continued to be strong fueled by restoration of channel inventory post the festive season, announcement of hike in tractor prices by major OEMs and anticipation of sustained demand on the back of higher Rabi acreage, GoI support in Kharif procurement & rural development schemes. In the exports market, we have sold 1,244 tractors, a growth of 60 per cent over last year."

Newsbeep

Also Read: Ford, Mahindra Call Off Auto Joint Venture

tll07fng

Mahindra has recorded a growth of 8 per cent in the domestic market in the April- December period.

0 Comments

As far as cumulative sales are concerned, the company has recorded a growth of 8 per cent in the domestic market selling 2,53,284 units in April- December period as compared to 2,34,277 units sold in the same period last month. Mahindra's exports went down by 12 per cent at 7320 units as compared to 8348 units sold in the same month a year ago. Overall, the company recorded an uptick of 7.4 per cent selling 2,60,604 units in the April-December period as compared to 2,42,625 units sold in the same period last year.

For the latest auto news and reviews, follow carandbike.com on Twitter, Facebook, and subscribe to our YouTube channel.

You might be interested in

Research on Mahindra Cars

  • Mahindra Thar
    Mahindra Thar
  • Mahindra Thar Without Roof
    Mahindra Thar Without Roof
  • Mahindra Thar With Roof
    Mahindra Thar With Roof
  • Scorpio Front Side Profile
    Scorpio Front Side Profile
  • Scorpio Front Profile
    Scorpio Front Profile
  • Scorpio Front Grille
    Scorpio Front Grille
  • Bolero Camper Frontviewjpgv2019 06 21
    Bolero Camper Frontviewjpgv2019 06 21
  • Bolero Camper Stylejpgv2019 06 21
    Bolero Camper Stylejpgv2019 06 21
  • Mahindra Bolero Grill
    Mahindra Bolero Grill
  • Mahindra Bolero X Sharped Bumper
    Mahindra Bolero X Sharped Bumper
  • Mahindra Xuv300floating Roof Design
    Mahindra Xuv300floating Roof Design
  • Striking Led Drls
    Striking Led Drls
  • Xuv 300 Aggressivechrome Front Grill
    Xuv 300 Aggressivechrome Front Grill
  • Mahindra Supro Side Front
    Mahindra Supro Side Front
  • Mahindra Supro Front
    Mahindra Supro Front
  • Mahindra Supro Rear
    Mahindra Supro Rear
  • New Design Sporty Metallic Grey Spoke Alloy Wheels
    New Design Sporty Metallic Grey Spoke Alloy Wheels
  • New Dynamic X Type Spare Wheel Cover
    New Dynamic X Type Spare Wheel Cover
  • New Muscular Piano Black Front Grille
    New Muscular Piano Black Front Grille
  • Kuv100 Nxt Front Side Profile 11
    Kuv100 Nxt Front Side Profile 11
  • Kuv100 Nxt Front Side Profile 1
    Kuv100 Nxt Front Side Profile 1
  • Kuv100 Nxt Front Side Profile 8
    Kuv100 Nxt Front Side Profile 8
  • 2018 Mahindra Xuv500  Facelift Runing Side Shot
    2018 Mahindra Xuv500 Facelift Runing Side Shot
  • 2018 Mahindra Xuv500 Side View
    2018 Mahindra Xuv500 Side View
  • 2018 Mahindra Xuv500 Side Profile
    2018 Mahindra Xuv500 Side Profile
  • Marazzo  Exterier  Premium Chrome
    Marazzo Exterier Premium Chrome
  • Marazzo  Exterier Alloy Wheels
    Marazzo Exterier Alloy Wheels
  • Marazzo  Exterier Entry Assist Lamps
    Marazzo Exterier Entry Assist Lamps