Mahindra & Mahindra’s (M&M) vehicle sales fell 4.3 per cent to 35,567 units in July compared with 37,096 units sold during the same month a year ago.
Passenger vehicle segment (which includes utility vehicles and Verito) sold 14,708 units during the month under review against 15,530 units sold in July 2013.
The company’s domestic sales stood at 33,047 units against 34,490 units, M&M said in a statement on Friday.
Four-wheelers commercial segment sold 12,472 units, while the three-wheelers segment clocked 5,142 units. Exports for the month stood at 2,520 units.
“The overall sales during last month was subdued and the market remained challenging. With the monsoon now setting in across the country as well as the ensuing festival season, we expect positive sentiments in the coming months resulting in enhanced demand for our products,” said Pravin Shah, Chief Executive (Automotive Division & International Operations at M&M.
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