June 2021: Mahindra & Mahindra makes 113% Growth in its Sales
The sales of homegrown UV manufacturers went total of 16,913 vehicles in June 2021.
The automobile industry again started recovering as lockdown restrictions are being relieved across the different states. Last month almost every automobile recorded positive sales growth in the market. The sales of homegrown UV manufacturers went total of 16,913 vehicles in June 2021.
The growth of 112.50 percent was noted by the company on Year-on-Year basis. The June 2020's sales figure was at 7,959 units, while in May 2021 the manufacturers sold a total of 8,004 units, which shows a growth of 111.3 percent on a Month-on-Month basis in June 2021.
Mahindra & Mahindra is all set to launch the XUV700 in our market in October this year. The production is likely to start this month. The features of the new SUV will consist of a few segment-first and segment-best. in both safety and convincing departments. The teasers about the same have started to roll out as well. With the arrival of the new SUV, the production of XUV500 will be temporarily discontinued