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Tractor sales News
GST gives good growth momentum to car sales in July
Tue, Aug 01, 2017
Automobile sales in July saw a huge surge in sales due to the implementation of GST and higher wholesale sales due to stocking at dealership level.
Mahindra, Eicher Motors, Escorts shares beat index since IMD's monsoon forecast
Thu, Jun 08, 2017
Since IMD made its prediction mid April the shares of tractor manufacturers has see an growth which is higher than the stock market indices.
Domestic tractor manufacturers to register 16 to 18% sales growth in FY17: Crisil
Tue, Mar 07, 2017
Crisil Research on Tuesday said domestic tractor manufacturers are projected to record 16 to 18% growth in sales of tractors for FY17 on account of revival of sales due to good monsoon which offset the impact of demonetisation on demand in the second half of the fiscal.
Tractor sales plough through demonetisation in January; higher growth expected ahead
Fri, Feb 03, 2017
Mahindra despite seeing a large 11.41% decline in domestic car sales in January managed to post a 6% growth in tractor sales.
Mahindra tractor, pick-up sales buck demonetisation impact
Wed, Jan 04, 2017
Tractor sales grew by a large 9%, while pick-ups grew by 14% year-on-year despite demonetisation
Mahindra first automaker to announce production shutdown due to demonetisation
Fri, Dec 09, 2016
Mahindra which saw a 33% decline in November was one of the worst hit due to demonetisation and as a result has decided to halt production on certain days during December.
Tractor sales to grow by 17% in FY17 if demand normalises
Mon, Dec 05, 2016
Tractor sales are expected to take a hit in the short-term period due to demonetisation impacting farmers' seeds and fertiliser purchases.
M&M shares edge up as tractor sales nearly double in September
Mon, Oct 03, 2016
Mahindra & Mahindra Ltd’s Farm Equipment Sector on Saturday announced that the company’s tractor sales were up to 30,562 units in September as against 18,087 during the same period last year.
Mahindra's auto, tractor sales robust in August
Thu, Sep 01, 2016
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."
Mahindra Tractor sales up by 14%; hopes for better monsoon
Mon, Aug 01, 2016
While talking on performance, Rajesh Jejurikar, President and Chief Executive of Mahindra & Mahindra also said, With normal rainfall and its improved spread across India in the month of July, Kharif sowing has been more than last year. We hope for an improved agricultural output and tractor demand in the future.”