M&M October Vehicle Sales Down 18%
Posted on November 3rd 2008Welcome back!
Auto Manufacturer Mahindra & Mahindra reported 17.81% drop in sales in October. The company sold 24,282 units compared with 24,652 units last year.
According to company sources, domestic sales in month stood at 19,899 units compared to 23,578 units a year earlier, down 15.6%.
Exports in month stood at 383 units compared to 1101 units in same month of 2007, down 65.21%.
SUV sales were fall by 16.61% at a 13,935 units compared to 16,711 units in last year.
By editor in Auto India News, Mahindra & Mahindra
dreamthecar responded on 04 Nov 2008 at 4:42 am #
Many car manufacturers are experiencing a sales drop.This is merely because of the financial crunch that the market is going through.Very soon we can the Indian car market rejoicing higher sales figure
Rahul,
Indian Car Advisor