New Delhi, Nov. 8 -- Mahindra and Mahindra Ltd (M&M) has reported a year-on-year decline of 11% in its domestic wholesale volumes, which stood at 49,193 units for October 2019. The company's total domestic wholesale volume, which comprises three categories namely passenger and commercial vehicles and three-wheelers, for the year-ago period was 55,350 units.
Its passenger vehicle (PV) wholesales, which include the dispatches from the company's electric vehicle arm Mahindra Electric Mobility Ltd, stood at 18,460 units for the last month, down from 24,066 units recorded in October 2018. M&M's PV portfolio includes utility vehicles, cars and vans.
Meanwhile, the commercial vehicle volumes were at 23,582 units, down 3% YoY. The three-wheeler v...