HomeAuto NewsM&& M overall car sales in October boost 20% to 96,648 systems, tractor sales up 30%
The car manufacturer reported overall sale of 96,648 systems, 20% more than the previous year's 80,679 systems. A CNBC-TV18 survey had actually approximated the automobile sales of 88,000 systems in October.
By Shloka Badkar November 1, 2024, 11:18:20 AM IST (Published)
Mahindra & & Mahindra reported its October automobile sales on Friday, November 1.
The car manufacturer reported overall sale of 96,648 systems, 20% more than the previous year's 80,679 systems.
A CNBC-TV18 survey had actually approximated the vehicle sales of 88,000 systems in October.
The M&M tractor sales were pegged at 65,453 systems, which were 30% more than the 50,460 systems offered in October in 2015. The Street had actually approximated overall tractor sale of 50,500 systems.
On another note, sources informed CNBC-TV18 on Thursday, October 31, that M&M is set to introduce 2 brand-new electrical lorry designs on November 26, 2024.
Sources show that this launch will mark the intro of the business's very first ground-up electrical car as the business intends to reinforce its position in the competitive EV market.
Amongst the brand-new designs will be a high-end sports energy car (SUV) and another SUV particularly developed for off-road usage. The launch is anticipated to happen in Chennai and is expected to be an opening night for Mahindra Group's electrical SUV line.
