Mumbai July 1 (IANS) Leading SUV manufacturer Mahindra & Mahindra (M&M) on Saturday reported a decline of eight per cent in its overall sales for June.
According to M&M its total sales for the month under review declined to 35 716 units from 39 009 units sold during June 2016.
The company s domestic sales was lower by three per cent to 33 861 vehicles during last month from 34 989 units sold during June 2016.
Exports declined by 54 per cent with 1 855 units shipped out during June 2017 down from 4 020 units sold abroad in the like period of 2016.
At Mahindra s auto division while our domestic sales for June registered a de-growth of three per cent for the first quarter we grew by one per cent said Rajan Wadhera President Automotive Sector M&M.
Our CVs grew by 17 per cent in the first quarter and 12 per cent in June 2017. Additionally the MHCV segment also registered a growth of 35 per cent during the month.
--IANS
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M&M s June sales down 8%