View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
May 4, 2020

Mahindra and Maruti go export only in April 2020

Mahindra & Mahindra exported only 733 vehicles during April 2020. Maruti Suzuki reported zero domestic sales and even fewer exports than M&M.

By Olly Wehring

Mahindra & Mahindra exported only 733 vehicles during April 2020. Maruti Suzuki reported zero domestic sales and even fewer exports than M&M.

Domestic sales of vehicles during the month were “completely impacted by the ongoing Covid-19 pandemic and resulting national lockdown”, the automaker said without providing any numbers.

Veejay Nakra, chief executive office of the automotive division, said: “We are working hand in hand with all stakeholders, especially our dealer and supplier partners, to get our ecosystem started, once the lockdown is lifted. The safety of all our employees will be of paramount importance to us while resuming our operations. We are hopeful that our dealerships will open soon and have stocks to cover the first few weeks of sale.”

In contrast, M&M sold 10,938 vehicles in February 2020, compared to 26,109 vehicles in February 2019, 15,856 commercial vehicles versus 21,154 and exported 1,839 vehicles.

Overall automotive sales reached 32,476 vehicles in February 2020 compared to 56,005 vehicles in February 2019.

The lower February volume reflected a sharp fall in Indian market sales even before coronavirus hit.

Maruti Suzuki India reported “zero sales in the domestic market”, (including sales to OEM), in April 2020.

“This was because in compliance with the government orders all production facilities were closed,” the automaker said.

However, following resumption of port operations, the first export shipment of 632 units left Mundra port while “ensuring all guidelines for safety were followed”.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto