December Auto Sales Live: Escorts Kubota Tractor Exports Up 64%
Escorts Kubota December Sales (YoY)
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Tractor sales at 7,577 units vs NDTV Profit estimate of 6,350 units
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Total tractor sales up 38.5% YoY at 7,577 units
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Domestic tractor sales up 36% YoY at 6,828 units
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Tractor exports up 64% YoY at 749 units
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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).
December Auto Sales Live: SML Mahindra PV Sales Surge
Good morning, and happy new year, readers! The latest auto numbers for December have started to roll in with SML Mahindra seeing a huge surge in sales.
SML Mahindra December Sales (YoY)
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Total sales up 67% YoY at 1,044 units
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Passenger vehicle (PV) sales up 60% YoY at 582 units
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Cargo vehicle sales up 76% YoY at 462 units
. Read more on Auto by NDTV Profit.