Mahindra & Mahindra's April Vehicle Output Up 20% On Year, Down 3% On Month

Mahindra & Mahindra Ltd. said its vehicle production rose over 20% on year to 85,925 units in April but declined over 3% from 88,701 units in March.
The company produced 55,466 utility vehicles, 225 e-rickshaws, 5,011 three-wheelers, and 25,223 commercial vehicles last month, it said in a regulatory filing.
Vehicle sales in April were up nearly 18% on year at 80,789 units. Exports surged over 82% to 3,381 units.