Tata Motors CV Sales Rise 2%, PV Sales Fall 3%

Mahindra & Mahindra Ltd.’s passenger vehicle dispatches rose 25% year-on-year to 37,270 units, clocking highest-ever monthly dispatches yet again as the company continues to scale-up production.

“Despite a 9% monsoon deficit at end of August, Kharif sowing is largely on track and has shown an improvement over last year for all key crops except pulses,” Hemant Sikka, president of farm equipment sector at M&M, said in a statement.

Sales Snapshots (YoY):

• Sales of medium duty light commercial vehicles rose 11% to 18,768 units.

• Three-wheeler sales r0se 47% to 7,044 units.

• Tractor sales rose 1% to 21,676 units.

• Tractor exports fell 26% to 1,029 units.