Mahindra’s Sales Declined 88% In March; FY Sales Down By 22%
Mahindra & Mahindra today announced its sales numbers for the month of March, 2020. The automaker sold a total of 7,401 units (including both domestic and exports) as opposed to 62,952 units in the same month last year. It’s a significant decline of 88 percent. What has shocked us are the passenger vehicle sales figures. The home-grown carmaker managed to sell just 3,384 units last month as against 27,646 units in March, 2019. Check Out – 2021 Mahindra XUV500 Rendered Based On Funster Concept
In the commercial segment, the company retailed 2,325 units compared to 24,423 units in March last year. The exports figure stood at 1,271 units. During fiscal year 2019-20, Mahindra sold 4,76,043 units as opposed to 6,08,596 units, registering a downfall of 22 percent.
Talking about Mahindra’s future plan, the carmaker will soon bring in the new-generation Thar in the country. The off-road SUV will receive comprehensive changes inside and out along with a set of new engines. There will be a new 2.0L mStallion petrol and the BS6-compliant 2.2L diesel motor delivering power around 190bhp with 380Nm and 140bhp respectively. Both manual and automatic gearboxes will be on offer.
Prior to the next-generation Thar, the company might roll out the BS6-compliant version of the Mahindra Scorpio and XUV500 SUVs. Both models will have the BS6-ready 2.2L mHawk diesel engine boosted with a 2-way oxidation catalyst, DPF (diesel particulate filter) and SCR (selective catalytic reduction). The power and torque figures could be slight different than their BS4 versions.
