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Most vehicle makers drew a blank in April; M&M scored with some tractor sales
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Auto sales came to a standstill for most companies in the month of April, except for tractor manufacturers. While all car companies, including industry leader Maruti Suzuki India Ltd, reported zero sales for April, Mahindra and Mahindra Ltd (M&M) managed to sell 4,716 farm equipment vehicles in the domestic markets.
This is because the lockdown was partially lifted for some industries on April 20. Note that a year ago, Mahindra had sold 13,418 farm equipment vehicles, which translates into daily sales of 433 vehicles.
Interestingly, it has managed same daily rate of sales when the lockdown partially lifted on 20 April. “Several positive factors such as a good rabi crop output, opening of procurement centres by the government, indication of
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