Mahindra Bolero is the best selling car for the company for Feb 2020
February turned out to be sluggish where Mahindra PV sales were concerned. The company noted a 56 percent decline in passenger vehicle sales in domestic markets to 10,756 units down from 24,520 units sold in February 2019. Every model in the company’s PV lineup noted de-growth.
The company cites the upgrade to BS6 emission norms, parts supply from China which has been hit and delayed the BS6 upgrade as reasons for this lowered sales performance. March is also slated to see lower sales in view of challenging parts supplies which could take a few more weeks to normalize.
Coming to the company’s PV sales in the last month, the Bolero did add some good numbers to total sales with 4,067 units sold but was down 49 percent as against 7,974 units sold in February 2019. XUV300 also added 2,431 units to total sales while 1,246 units of the Marazzo were sold, down 57 percent as against 2,881 units sold in February 2019. Scorpio sales stood at 1,505 units, down 66 percent as compared to 4,445 units sold in February 2019. The BS6 compliant Scorpio is on test. The Scorpio’s existing 2.2 liter engine will be updated to follow BS6 norms and price could increase.
Mahindra Xylo sales dipped as much as 99 percent to 2 units sold in the past month as compared to 364 units sold in the same month of the previous year. It was earlier rumored that the Xylo would be pulled out of production following low sales but the company will continue with production.
Mahindra Thar sales stayed at 0, as the model has been discontinued. Sales had stood at 46 units in February 2019. The company has now confirmed that there is an all new Thar ready for launch in mid 2020. It will get a BS6 compliant diesel and petrol engine. Mahindra did not showcase this model at the 2020 Auto Expo and is instead set to unveil the SUV in a separate event sometime soon. Once launched, the updated Mahindra Thar will take on the Force Gurkha.
Mahindra’s TUV300 and XUV500 sales dipped 11 percent and 81 percent respectively. Sales stood at 944 units and 344 units respectively down from 1,057 units and 1,806 units sold in the same month of the previous year. The next gen XUV500 is also slated for launch sometime next year. It will get a BS6 2.0 liter diesel engine that could offer 180 bhp power and it could also get a 2.0 liter petrol engine mated to a 6 speed manual and automatic unit. Once launched, the next gen XUV500 will compete against the upcoming Tata Gravitas and the MG Hector Plus.