Mahindra will not manufacture a single car
Mahindra will not manufacture a single car
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The production Mahindra of all its vehicles has been closed for 5 to 13 days. The company has taken this decision given the steep decline in demand. In fact, the Indian auto sector has continued to fluctuate. The introduction of 2019 has seen a steep decline in sales of producer companies. In the last 8 years, the passenger vehicle segment has been going through its worst news round, which has declined by 17.07%. It also has an impact on other giants, including Mahindra, who are witnessing a steep decline in sales. Which is becoming a matter of concern at the moment.

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For your information, the Indian utility vehicle manufacturer has ESHU a notification in Bombay Stock Exchange (BSE) saying, "The company has been promoting its automotive sector and form equipment sector, Mahindra vehicle Manufacturers Ltd., the company's End subsidy (MVML), In the first quarter of FY 2019-2020, the company and MVML announce a ' No Production Days ' of 5 to 13 days in different plants, considering production and sales requirements. Given the ample stock of vehicles, it is ensured that it will not have any impact on availability in any way whatsoever. "

 

The sale of its 43,721 vehicles is made by Mahindra & Mahindra in April 2019. While, in April 2018 the company had sold 48,097 vehicles. The company's sales fell by 9 percent compared to April 2018 this April. In the segment of the medium and heavy commercial vehicle, the company sold 474 vehicles in April 2019. In April 2019 the company had exported 2118 vehicles.

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Also, if Mahindra's May 2019, 20,608 passenger vehicles could be sold. In May 2018, the company's 20,715 passenger vehicles were unsold. The company's sales have declined by 1 percent in the meantime. Mahindra's passenger segment includes UVs, cars and vans. In the commercial vehicles segment, Mahindra has sold 17,879 vehicles in May 2019. The company's 18,748 commercial vehicles were sold in May 2018. The company's sales have declined by 5 percent in the meantime. The company's sales in the medium and heavy commercial segment decreased by 45 per cent, where in May 2019, the company sold 637 vehicles. While, Mahindra has sold 1,152 units in the month of May.

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