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Mahindra complete gross sales dip 6 computer in November

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Mahindra & Mahindra (M&M) on Wednesday reported a 6 per cent decline in complete gross sales at 40,102 models in November. The corporate had offered 42,731 models in November 2020, M&M stated in a press release.

Within the home market, passenger car gross sales had been up 7 per cent to 19,458 models final month, in comparison with 18,212 models in November 2020.

Within the industrial automobiles section, the corporate offered 17,543 automobiles within the home market final month, as in opposition to 22,883 models in November 2020, a drop of 23 per cent.

Exports elevated by 90 per cent to three,101 models final month as in opposition to 1,636 models within the year-ago month.

“Our development in SUVs continues with an 8 per cent enhance within the month of November. The demand stays sturdy throughout our product portfolio of SUVs, pickups, and small industrial automobiles,” M&M Chief Government Officer Automotive Division Veejay Nakra stated.

Momentum in exports continues with a 90 per cent development, he added.

“The problems round semiconductor associated components proceed to stay a problem for the trade. We’re monitoring the scenario intently and taking applicable steps,” Nakra famous.

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