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Mahindra & Mahindra reports 14% rise in September auto sales

Indian automaker Mahindra & Mahindra reported a 14% rise in domestic sales for September, selling 64,092 units compared to 56,233 a year earlier. Strong demand for sports utility vehicles boosted sales, but a drop in tractor sales weighed on the overall figures.

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Indian automaker Mahindra & Mahindra NSE:M&M said domestic sales rose 14% in September, supported by strong demand for its sports utility vehicles, although weaker tractor sales were a drag. The company sold 64092 units in India in September, versus 56233 units a year earlier. Total tr…