🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
M&M auto sales in December rise 6% YoY to 60,188 units; tractor sales drop 18%
Livemint
·
1y ago
Medial
Indian automobile major Mahindra & Mahindra (M&M) reported a 6% YoY increase in total auto sales for December 2023, with 60,188 vehicles sold. However, the company witnessed a decline of 41% in total exports. Domestic passenger vehicle sales saw a notable growth of 24%, while tractor sales dropped by 18%. M&M faced supply challenges on specific parts, but is working with suppliers to address them.
View Source
Related News
M&M auto sales rise 16% YoY to 87,839 units in September; tractor sales up 2%; stock gains | Mint
Livemint
·
10m ago
Medial
- Mahindra & Mahindra reported a 16% rise in total auto sales for September 2024 compared to the same month last year, with a total of 87,839 vehicles sold. - Passenger vehicle sales in the domestic market witnessed a growth of 24% with 51,062 units sold in September 2024. - Commercial vehicle sales increased by 6% to 33,750 units in September 2024. - M&M's exports also saw growth, with a 25% increase in September, totaling 3,027 units. - In the Farm Equipment Sector, M&M reported a 2% rise in total tractor sales, with 44,256 units sold in September 2024. - Domestic tractor sales increased by 3% to 43,201 units, while exports declined by 10% to 1,055 units in September 2024.
View Source
M&M shares surge on record SUV and tractor sales in October
Money Control
·
9m ago
Medial
Shares of Mahindra & Mahindra surged over 5% after the company reported a 25% YoY increase in SUV sales, reaching a record 54,504 units in October. The company's stock climbed nearly 3% to Rs 2,894, outperforming the Nifty 50. M&M's auto and tractor segments also achieved record monthly sales. Overall vehicle sales, including exports, totaled 96,648 units. The domestic tractor sales witnessed a jump from 49,336 units last year to 64,326 units. Following the positive update, Kotak Institutional Equities upgraded M&M to a 'Buy' rating.
View Source
Mahindra & Mahindra records 16% increase in December sales; PV sales up 22% and SUV up 18%
Livemint
·
7m ago
Medial
Mahindra & Mahindra reported a 16% rise in overall automotive sales in December, totaling 69,768 units. The company saw 18% growth in the utility vehicle segment domestically, selling 41,424 vehicles. In the passenger vehicle segment, exports increased by 22%. The farm equipment sector recorded a 22% increase in domestic tractor sales. The company also achieved a top ranking in the Dow Jones Sustainability Index for ESG performance in the auto sector worldwide.
View Source
M&M likely to post 20% revenue growth
Thehindubusinessline
·
1y ago
Medial
Indian automaker Mahindra & Mahindra (M&M) is expected to report a strong growth in revenue and automobile volume. Analysts predict a 20% increase in revenue compared to the same period last year and a 6% sequential growth. The company's revenue share in the tractor segment is expected to rise to 26% in the December quarter. However, profit after tax (PAT) is expected to grow by 5% YoY but fall by 26% sequentially. Analysts will closely monitor pricing actions and demand trends to gauge the company's performance.
View Source
Bajaj Auto share price zooms 2.3% to 52-week high after robust August Auto sales
Money Control
·
11m ago
Medial
Bajaj Auto's share price soared to a new 52-week high following strong August 2024 auto sales figures. The company reported a 16% increase in sales of two-wheelers and commercial vehicles compared to the previous year, with a total of 397,804 units sold. In the two-wheelers category, sales rose by 18% to 335,178 units, while commercial vehicles sales increased by 11% to 62,626 units. Bajaj Auto also achieved an 18% rise in its Q1 FY25 consolidated net profit.
View Source
Bajaj Auto December sales grow 16% YoY to 3.26 lakh units
Livemint
·
1y ago
Medial
Bajaj Auto reported a 16% YoY increase in sales, with a total of 3,26,806 units sold in December 2023. Domestic sales saw a 28% growth to 1,90,919 units, while exports rose by 2% to 1,35,887 units. In the two-wheeler segment, total wholesales stood at 2,83,001 units, up 15% YoY. The company's commercial vehicle sales also saw a significant increase of 27%. For the entire year of 2023, Bajaj Auto's total sales rose by 7% to 32,82,357 units.
View Source
PV sales continue on upward trajectory in February
Money Control
·
1y ago
Medial
Passenger vehicle (PV) sales in India have continued to rise for the second consecutive month in 2024, with carmakers delivering approximately 373,177 units to dealers. This marks the highest auto wholesales for February in any year, driven by strong demand for SUVs, positive consumer sentiment, increased availability of waitlisted models, and new rollouts. Overall, PV sales have increased by 11.3% year-on-year, reaching a total of 3,859,000 units for the April 2023-February 2024 period. Maruti Suzuki India, Hyundai Motor India, M&M, Tata Motors, MG Motor India, and Toyota Kirloskar Motor reported positive sales growth.
View Source
TVS leads May EV 2W sales, Bajaj narrows gap as Ola Electric slips to third
Entrackr
·
2m ago
Medial
In May 2025, the electric two-wheeler (E2W) segment achieved retail sales of 100,266 units, the second-highest monthly figure of the year. TVS Motor led the market with 24,560 units sold, a 107% year-on-year (YoY) growth, securing a 24% market share. Bajaj Auto followed closely with 21,770 units, a 135% YoY growth, holding a 22% market share. Ola Electric experienced a 51% YoY sales decline to 18,499 units but maintained an 18% market share. Ola slipped to third position behind Bajaj. Ather Energy sold 12,840 units, representing a 109% increase, gaining a 13% market share and surpassing Ola Electric in Q4 FY25 revenue with Rs 676 crore compared to Ola's Rs 611 crore. Hero MotoCorp re-entered the EV market with a 191% sales increase to 7,164 units.
View Source
TVS Motors September sales grow 6% YoY to 4.2 lakh units
Livemint
·
1y ago
Medial
TVS Motor Company reported a 6% YoY growth in total sales for September 2023, reaching 402,553 units compared to 379,011 units in the same period last year. Two-wheeler sales increased by 7% to 386,955 units, while motorcycle sales rose 10% and scooter sales increased by 8%. The company's exports also grew by 8% to 100,294 units. However, three-wheeler sales declined to 15,598 units.
View Source
Mahindra Group's homegrown tractor brand launches new range with MS Dhoni
Livemint
·
1y ago
Medial
Indian tractor manufacturer Swaraj, a division of Mahindra & Mahindra (M&M), has launched a new range of tractors featuring advanced features and technology aimed at improving mechanization in Indian agriculture. The new products, available at Swaraj dealerships across India, come with prices starting at INR 6.9 lakh for the base variant and INR 9.95 lakh for the top-end model, with attractive financing options and a six-year warranty. The range is part of a strategy to strengthen Swaraj's presence in the 40-50 HP tractor segment, which accounts for nearly half of the domestic tractor industry's sales.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
