Even with the arrival of the festive season, the market remains under significant strain. Inventory levels have reached alarming levels, with stock days now stretching to 70-75 days and inventory totalling 7.8 lakh vehicles, valued at an alarming Rs.77,800 crore
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The company's domestic sales grew 5 per cent to 87,480 units in the month from 83,045 units sold in the same period last year
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The domestic sales for the month registered 9 per cent YoY growth while the exports grew by a massive 79 per cent over the same period of last year
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Company's domestic business witnessed 0.2 per cent YoY growth and 12.5 per cent MoM growth
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In August 2024, TKM exported 2,290 units
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The domestic sales for Mahindra's Commercial Vehicles stood at 21,092 units
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TVS sold total 3,91,588 units in the same month including two-wheelers, three-wheelers, and electric vehicles
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SUVs accounted for 66.8 per cent of HMIL domestic sales in CY 2024
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The company exported 26,003 units in the same month
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NEVs contribute 35 per cent of the total units sold during the month
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