December Auto Sales LIVE: M&M CV Sales Up 34%; Eicher Motors Exports Rise
SML Mahindra saw a huge surge in sales in December.
December Auto Sales Live: Eicher Motors Exports Rise
Eicher Motors December Sales (YoY)
VECV sales up 24.7% at 10,384 units
Domestic VECV sales up 26.3% at 9,527 units
VECV exports up 32.7% at 650 units
VECV sales at 10,384 units vs NDTV Profit estimate of 9,800 units
December Auto Sales Live: M&M CV Sales Up 34%
Mahindra & Mahindra December Sales (YoY)
Total sales up 25% at 86,090 units
SUV sales up 23% at 50,946 units
Domestic commercial vehicle sales up 34% at 24,786 units
Exports down 9% at 2,820 units
Tractor sales up 39% at 31,859 units
Total trucks and buses sales up 43% at 2,260 units
December Auto Sales Live: VST Tillers Sales Up 30%
VST Tillers December Sales (YoY)
Total sales up 29.8% YoY at 4,376 units
Power tiller sales up 26% YoY at 3,792 units
Tractor sales up 60% YoY at 584 units
December Auto Sales Live: Escorts Kubota Tractor Exports Up 64%
Escorts Kubota December Sales (YoY)
Tractor sales at 7,577 units vs NDTV Profit estimate of 6,350 units
Total tractor sales up 38.5% YoY at 7,577 units
Domestic tractor sales up 36% YoY at 6,828 units
Tractor exports up 64% YoY at 749 units
Domestic tractor performance driven by government policies, lower GST rates and state subsidies (company statement)
December Auto Sales Live: Passenger Vehicles To See Broad-Based Momentum
PV industry wholesales are expected to grow strongly in December. Maruti is likely to see a sharp pickup in volumes, with both wholesale and retail market share improving. Mahindra’s SUVs are also set to post healthy growth, aided by lower dealer inventory and new launches such as the XEV 9S, along with the upcoming refreshed XUV700 (7X0).
