Monday, 1 August 2011

M&M tractor sales jump 15 pc in July



Auto major Mahindra & Mahindra's Farm Equipment Sector (FES) division today reported a 14.57 per cent jump in its total tractor sales in July to 16,718 units. 

The company had sold 14,592 units during the same month last year, it said in a statement. 

Domestic sales grew by 16 per cent to 15,699 units as against 13,534 units in the year-ago period, it added. 

Exports during the month declined by 3.69 per cent to 1,019 units from 1,058 units in the corresponding period last year.

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