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Mahindra’s PV manufacturing stood at 10,678 models in July 2020.
Mahindra & Mahindra has recorded a decline in manufacturing of 39.96 per cent within the passenger car section at 10,678 models in July 2020 as in comparison with 17,785 models in the identical month final yr. The manufacturing figures have been dominated by the Bolero Power Plus (sub 4 metre Bolero) at 3079 models as in comparison with 3775 models, which is a decline of 18.43 per cent. In the identical month, the corporate hadn’t manufactured a single unit of the Thar, TUV300, TUV300 Plus, Bolero Plus and the Mahindra Alturas G4.
Also Read: BS6 Mahindra XUV300 Gets A Price Cut On Select Variants
The manufacturing of different fashions too remained subdued within the final month. Mahindra manufactured 273 models of the KUV100 as in comparison with 752 models in them identical month final yr, a decline of 63.69 per cent. The XUV300 witnessed a hunch of 54.51 per cent at 2461 models as in comparison with 5410 models manufactured in the identical month final yr. Manufacturing numbers of the Scorpio too have been marginally down by 2.19 per cent at 3034 models as in comparison with 3102 models manufactured in the identical month final yr. The XUV500 too witnessed a decline of 44.15 per cent in manufacturing at 669 models as in comparison with 1198 models manufactured in the identical month a yr in the past. However, Mahindra has ramped up manufacturing of the Bolero which has been in demand within the rural markets. Mahindra manufactured 1126 models of the Bolero final month as in comparison with simply 6 models which have been manufactured in the identical month final yr.
Also Read: Car Sales July 2020: Mahindra’s Sales Down By 36 Per Cent
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In phrases of gross sales, Mahindra bought 25,678 models in July 2020 as in comparison with 40,142 models bought in the identical month final yr which is a yr-on-yr (YoY) decline of 36 per cent.
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