On Road Price
Mahindra's tractor segment have registered positive sales volume in August 2016, led by Khariff sowing.
Mahindra's Tractor total sales in this month stood at 13543 units, up by 16% versus 11699 units in August 2016.
Rajesh Jejurikar, President - Farm Equipment and Two-wheeler division of M&M said, "The upcoming festive season will further boost the demand of tractor segment in the coming months."
Under the tractor data, total domestic sales rose by 15% to 12327 units, whereas export was at 1216 units, up by 28%.
Pravin Shah, President & Chief Executive of M&M said, " Coupled with this, the uncertainty surrounding diesel vehicles has been lifted by the honourable supreme court giving the customer the choice to buy his preferred vehicle which will help sentiments going forward."
The Supreme Court has banned diesel vehicle in December last year and lifted the ban on August 12 with a condition that manufacturers/dealers will have to collect 1 percent cess on ex-showroom price.