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M&M advances annual maintenance plant shutdown to May due to Covid second wave
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FILE PHOTO: M&M s automotive division has manufacturing units at Chakan, Nashik, Kandivali, Zaheerabad and Haridwar
(REUTERS)
. Updated: 03 May 2021, 05:27 PM IST PTI
The maintenance of four working days was originally scheduled for June 2021, M&M said in a regulatory filing
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New Delhi: Utility vehicles major Mahindra & Mahindra on Monday said it has advanced the annual maintenance plant shutdown of its automotive division to this month in the wake of the second wave of the coronavirus pandemic across the country.
The maintenance of four working days was originally scheduled for June 2021, M&M said in a regulatory filing.
Mahindra Auto Division registers 9 5% growth in Passenger Vehicles in April 2021 over previous month
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Mahindra & Mahindra announced that its overall auto sales (passenger vehicles+ commercial vehicles+ exports) for the month of April 2021 stood at 36437 vehicles.
The units sold in April this year is not comparable with April 2020, since no vehicles were sold last year in the domestic market due to COVID related lockdown.
In the Utility Vehicles segment, Mahindra sold 18186 vehicles in April 2021. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 18285 vehicles in April 2021.
According to Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd., The month of April registered a growth of 9.5% in our passenger vehicles segment as compared to March 2021. With the increase in lockdown restrictions in many parts of the country we foresee continuing supply chain related