Mahindra February auto sales plunge 42% to 32,476 units

Mahindra & Mahindra on Sunday reported a 42 percent fall in its total vehicle sales in February at 32,476 units. The company had sold 56,005 units in February 2019.

Its domestic sales last month stood at 30,637 units, 42 percent lower than 52,915 vehicles sold in February 2019, the company said in a regulatory filing.

"In the passenger vehicles segment (which includes utility vehicles, cars and vans), Mahindra sold 10,938 vehicles in February 2020, compared to 26,109 vehicles in February 2019," it said. In the commercial vehicles segment, the company sold 15,856 vehicles during the period under review, as against 21,154 vehicles during the corresponding period last year.