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Mahindra & Mahindra sells 22,843 tractors in May 2021 | Business Standard News

Read more about Mahindra & Mahindra sells 22,843 tractors in May 2021 on Business Standard. Commenting on the performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra said, We have sold 22843 tractors in the domestic market during May 2021. In May, COVID spread in rural markets led to stringent lockdowns, leading ....

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M&M auto sector sells 17,447 vehicles in May | Business Standard News


Mahindra & Mahindra (M&M) announced that its overall auto sales (passenger vehicles+commercial vehicles+exports) for the month of May 2021 stood at 17,447 vehicles.
Sequentially, the company s total auto sales declined 52.1% in May 2021 from 36,437 units sold in April 2021.
The passenger vehicles segment (which includes UVs, cars and vans) sold 8,004 vehicles in May 2021, up 107% YoY.
Total exports for May 2021 zoomed 300% to 1,935 units from 484 units in May 2020.
Veejay Nakra, CEO of automotive division of M&M said, We are seeing a strong growth momentum for our entire product portfolio. The Thar is clocking robust bookings, despite extended waiting periods. XUV300 has been a tremendous success and continues to see strong demand. Our power brands (Scorpio and Bolero) continue to do well. With the cases coming down and gradual opening up of markets, we foresee strong demand rebound. We are working closely with our supplier partners to manage supply chain issues an ....

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Mahindra rolls out M–Protect Covid Plan for new tractor customers


Mahindra rolls out M–Protect Covid Plan for new tractor customers
Mahindra rolls out M–Protect Covid Plan for new tractor customers
The M-Protect Covid Plan will be applicable on Mahindra s entire range of tractors in May 2021.
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UPDATED: May 17, 2021 20:37 IST
The M–Protect Covid Plan aims to safeguard new Mahindra tractor customers in case they contract Covid-19.
With the country battling the second wave of the Covid-19 pandemic, Mahindra & Mahindra s Farm Equipment Sector has rolled out the MProtect Covid Plan to support the customers buying a new tractor in May 2021.
Under the MProtect Covid Plan, Mahindra will provide a health cover of Rs 1 lakh through a unique Covid mediclaim policy to benefit its new customers in case they contract Covid-19. The company will also support them financially through pre-approved loans to take care of the medical expenses incurred during Covid-19 treatment. Addtionally, the customers loan amount ....

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