{"id":525,"date":"2024-04-01T18:04:44","date_gmt":"2024-04-01T12:34:44","guid":{"rendered":"https:\/\/motorfloor.com\/blog\/?p=525"},"modified":"2024-04-23T14:00:25","modified_gmt":"2024-04-23T08:30:25","slug":"mahindra-escorts-kubota-fy24-march-sale-numbers","status":"publish","type":"post","link":"https:\/\/motorfloor.com\/blog\/mahindra-escorts-kubota-fy24-march-sale-numbers\/","title":{"rendered":"FY 23-24 March Sale Numbers for Commercial Vehicles: Mahindra &amp; Escorts Kubota"},"content":{"rendered":"\n<p>FY 23-24 has finally come to an end with the last day of March and here are the sales numbers of 2 leading OEMs in the commercial vehicles industry, Mahindra &amp; Mahindra and Escorts Kubota Ltd.&nbsp;<\/p>\n\n\n\n<p><strong>Mahindra &amp; Mahindra: Trucks, Buses, 3 Wheelers, Tractors<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/gmhwdd5pOFXzOcbp5668ZjP4oPxYRMn3GRWgZSI04iR6BV7-yBHutSHD35y2m_4rJq4ePXnhl0W3dtEwPPHPMmishAPcvUlSOIgMkjG7A-YY-6tlSt11va0qoL85YpeF2ULulEu-RgsbOMj1JENkwHw\" alt=\"\"\/><\/figure>\n\n\n\n<p>Mahindra and Mahindra commercial vehicles sales fell by 6.32% in March FY24 compared to March FY 23. Sales of commercial vehicles with GVW in the range 2 T &#8211; 3.5 T fell by 22% followed by Mahindra 3 Wheelers (Includes Mahindra Last Mile Mobility and Electric vehicles) with 7%.&nbsp;<\/p>\n\n\n\n<p>3.5 T GVW + MHCV category commercial vehicles under Mahindra <a href=\"https:\/\/motorfloor.com\/trucks\/mahindra\" target=\"_blank\" rel=\"noreferrer noopener\">Trucks<\/a> and <a href=\"https:\/\/motorfloor.com\/buses\/mahindra\" target=\"_blank\" rel=\"noreferrer noopener\">Buses<\/a> saw the maximum growth in sales numbers with 126% increase in March FY 24 compared to March FY 23.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/IzGu_FtYHHxb9JG2GUkieK6m5NzXZqC--s_apvKT-DkREx1BHcEFrxprIkNjibJerMLKaw4Qw1zEmA0JhkYwzB2B7G3Oc0BJcyB_Wm-n8c8gslgzZggnjaqidx3nWeQYj7M8aytaCyKAODCSQWidVY0\" alt=\"\"\/><\/figure>\n\n\n\n<p>However the YTD March 24 figures show a positive growth of 33% for the 3 wheeler segment in comparison to YTD Feb 23.&nbsp;<\/p>\n\n\n\n<p>The company sold 26,209 commercial vehicle units in March FY 24 including <a href=\"https:\/\/motorfloor.com\/three-wheelers\/mahindra\" target=\"_blank\" rel=\"noreferrer noopener\">3 Wheelers<\/a> and YTD March 24 units stands at 3,40,399.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/gLe5JUo664Z-UJHfSPoBtmJVGE2DbDBPz6vtzuZ0_2Y4k3Vl2w6a0vEDfhSrb_GKyD8xDN2ZQUY5WQWwzf8oWS-9d_b8pZsjtlpO6-dz7cl9QdzSqchqXv6Jta_5_H6Gsf5-zDYLL0EYj-i87jqLz9k\" alt=\"\"\/><\/figure>\n\n\n\n<p><a href=\"https:\/\/motorfloor.com\/tractors\/mahindra\" target=\"_blank\" rel=\"noreferrer noopener\">Mahindra &amp; Mahindra tractor<\/a> division sales on March FY 24 fell by 26% with domestic sales declining by 28% YoY. However the exports saw a growth of 25.60% in March FY 24 when compared to March FY 23. Total sales figures in units stood at 26,024 for March FY24 that includes domestic + exports.\u00a0<\/p>\n\n\n\n<p><strong>Escorts Kubota: Tractors<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/O1xyBSNXCDMmzoUfOFplzqGCGHX3mctsMPBDZ-uUQhX1K7fD0cnl6tNiAkX7Cga36JcsbQWgnRsYhXahWaDDdd8NPf5Noo8Xsvx-0cDwU2bHR2FTSjDroeEYldu2ZC4s9wYa_flnph_5NbK6TozUV3M\" alt=\"\"\/><\/figure>\n\n\n\n<p><a href=\"https:\/\/motorfloor.com\/tractors\/escorts-kubota\" target=\"_blank\" rel=\"noreferrer noopener\">Escorts Kubota Limited<\/a> formerly Escorts Limited also saw a fall in tractor sales in March FY24. The sales fell by 16.60%, domestic + exports combined in March FY 24 compared to March FY 23 and domestic sales saw a decline by 16.1% with exports taking a hit by 24.30%. Total sales figures in units stood at 8,587 for March FY24 that includes domestic + exports.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FY 23-24 has finally come to an end with the last day of March and here are the sales numbers of 2 leading OEMs in the commercial vehicles industry, Mahindra &amp; Mahindra and Escorts Kubota Ltd.&nbsp; Mahindra &amp; Mahindra: Trucks, Buses, 3 Wheelers, Tractors Mahindra and Mahindra commercial vehicles sales fell by 6.32% in March [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":526,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[42],"tags":[60,71,59,63,62,61,57,58],"class_list":["post-525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-vehicle-news","tag-3-wheeler-sales","tag-breaking","tag-bus-sales","tag-commercial-vehicle-sales","tag-escorts-kubota-commercial-vehicle-sales","tag-mahindra-commercial-vehicle-sales","tag-tractor-sales","tag-truck-sales"],"blocksy_meta":[],"featured_image_urls":{"full":["https:\/\/cdn.motorfloor.com\/blog\/wp-content\/uploads\/2024\/04\/Commercial-Vehicle-Sales-Insights.jpg",1920,1080,false],"thumbnail":["https:\/\/cdn.motorfloor.com\/blog\/wp-content\/uploads\/2024\/04\/Commercial-Vehicle-Sales-Insights-150x150.jpg",150,150,true],"medium":["https:\/\/cdn.motorfloor.com\/blog\/wp-content\/uploads\/2024\/04\/Commercial-Vehicle-Sales-Insights-300x169.jpg",300,169,true],"medium_large":["https:\/\/cdn.motorfloor.com\/blog\/wp-content\/uploads\/2024\/04\/Commercial-Vehicle-Sales-Insights-768x432.jpg",768,432,true],"large":["https:\/\/cdn.motorfloor.com\/blog\/wp-content\/uploads\/2024\/04\/Commercial-Vehicle-Sales-Insights-1024x576.jpg",1024,576,true],"1536x1536":["https:\/\/cdn.motorfloor.com\/blog\/wp-content\/uploads\/2024\/04\/Commercial-Vehicle-Sales-Insights-1536x864.jpg",1536,864,true],"2048x2048":["https:\/\/cdn.motorfloor.com\/blog\/wp-content\/uploads\/2024\/04\/Commercial-Vehicle-Sales-Insights.jpg",1920,1080,false]},"post_excerpt_stackable":"<p>FY 23-24 has finally come to an end with the last day of March and here are the sales numbers of 2 leading OEMs in the commercial vehicles industry, Mahindra &amp; Mahindra and Escorts Kubota Ltd.&nbsp; Mahindra &amp; Mahindra: Trucks, Buses, 3 Wheelers, Tractors Mahindra and Mahindra commercial vehicles sales fell by 6.32% in March FY24 compared to March FY 23. Sales of commercial vehicles with GVW in the range 2 T &#8211; 3.5 T fell by 22% followed by Mahindra 3 Wheelers (Includes Mahindra Last Mile Mobility and Electric vehicles) with 7%.&nbsp; 3.5 T GVW + MHCV category commercial&hellip;<\/p>\n","category_list":"<a href=\"https:\/\/motorfloor.com\/blog\/category\/commercial-vehicle-news\/\" rel=\"category tag\">Commercial Vehicle News<\/a>","author_info":{"name":"MotorFloor Team","url":"https:\/\/motorfloor.com\/blog\/author\/motorfloorteam\/"},"comments_num":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FY 23-24 March Sale Numbers for Commercial Vehicles: Mahindra &amp; Escorts Kubota<\/title>\n<meta name=\"description\" content=\"FY 23-24 has finally come to an end with the last day of March and here are the sales numbers of 2 leading OEMs in the commercial vehicles industry, Mahindra &amp; Mahindra and Escorts Kubota Ltd.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/motorfloor.com\/blog\/mahindra-escorts-kubota-fy24-march-sale-numbers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FY 23-24 March Sale Numbers for Commercial Vehicles: Mahindra &amp; 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