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Covid-19 Impact: Mahindra & Mahindra domestic vehicle sales nil in April

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MUMBAI: Mahindra and Mahindra Ltd (M&M) said its vehicle sales, including passenger and commercial, were nil in April due to the coronavirus-triggered nationwide lockdown.

However, the company sold 4,716 tractors in the domestic market last month, down a sharp 83% from a year ago. M&M had recorded sales of 27,495 tractors in the year-ago period.

The Anand Mahindra-led company exported 56 units during the month as against 1,057 units in April last year. The company exported 733 vehicles in the previous month. “Domestic sales of vehicles during the month were completely impacted by the ongoing covid-19 pandemic and the resulting national lockdown," the company said in a note on Friday.

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