M&M’s July sales up 13%

Mumbai, Aug 1 (IANS) Automobile major Mahindra & Mahindra (M&M) on Wednesday reported a 13 per cent rise in its overall sales, including exports, in July 2018.

According to the company, overall sales during the month under review grew to 47,199 vehicles from 41,819 vehicles sold during July 2017.

"Demand for our commercial vehicles continues to be strong and the newly launched Furio range of ICVs augurs well for our M&HCV business," Rajan Wadhera, President, Automotive Sector, M&M was quoted as saying in a statement.

"As we move into the festive season, we are confident of seeing a turnaround in the
overall buying sentiment, coupled with the just announced Mahindra Marazzo, which is scheduled for launch next month."

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