Tractor Sales

FADA reported that sales for major brands like Mahindra, Swaraj, and John Deere increased year-on-year in September. However, on a month-on-month basis, sales saw a slight decline of nearly 3 percent from the 65,478 units sold in August.

Delayed monsoon buries tractor sales in September; analysts cautious on M&M, Escorts outlook

M&M, Escorts Kubota, and VST Tillers & Tractors – all reported tepid tractor sales for September 2023. However, with the recovery of the prospects for monsoon rains, the managements see festive season to be promising

Moneycontrol Daily: Your Essential 7

A daily round-up of the most interesting articles to help jump-start the day.

Robust June for auto sales: FADA bets on supplies as chip crunch eases, but inflation a worry

Vehicle dealers are betting on a revival in semiconductor supplies going forward, as June retail car sales captures the growing demand revival

Mahindra & Mahindra tractor sales slip 19% to 18,269 units in December

Domestic tractor sales were at 16,687 units last month as compared to 21,173 units in December 2020, down 21 percent.

Mahindra tractor sales up 22% at 26,001 units in April

Mahindra and Mahindra President Farm Equipment Sector Rajesh Jejurikar said: "We expect that the prediction of a normal monsoon coupled with the expectation of good rabi crop will boost tractor demand in the coming months.

Despite monsoon blues, M&M hopes to grow in double digits

Despite the not-so-encouraging initial forecasts about the monsoons, tractor major Mahindra & Mahindra today sounded confident of maintaining last year's sales momentum and grow in double-digits.

Indian tractor sales seen rising as regions waive farm loans

Tractor sales in India are likely to grows in double digits in the fiscal year that started on April 1, following a decision by at least two states to waive some loans to farmers, India's biggest tractor maker said on Wednesday

PV drags M&M's Feb sales 3%, but CV grows 18%; tractor up 11%

PV sales for February were reported at 20,605 units against 23,718 units. But commercial vehicle sales grew to 16,383 units against 13,864 units

Escorts tractor sales up 15.8% in December at 3,187 units

Farm equipment maker Escorts today reported 15.8 percent increase in tractor sales at 3,187 units in December 2016.

Two-wheeler sales, bookings most hit post demonetisation: FADA

The year on year two-wheeler sales for the month of December are down 40 percent in urban areas and 50-60 percent in rural. Bookings for two-wheelers is down about 25-30 percent and that for cars are down 10-15, said John K Paul, President, FADA.

Escorts sees margins rising to 7.6% by FY18

Bharat Madan, Group Financial Controller, Escorts is confident of the company clocking a run rate of 5000 units per month for this fiscal year.

Escorts tractor sales up 10% in May

Farm equipment maker Escorts reported a 10.1 percent increase in total tractor sales in May at 5,331 units.

Tractor sales to stay weak during FY16: ICRA

The domestic volume of tractor sales may remain weak during FY16 as the rating agency's outlook sees a decline in tractor volumes (domestic+exports) by about 7-8 percent in FY16. Besides, any recovery in volumes is only likely to happen over the medium term, ICRA said.

Great India Road Trip: The rural slowdown and tractor sales

In the recent agricultural crisis, the tractor industry has definitely suffered, but where income sources were diversified and financing options easy, it was a different story.

See year-end growth at 10-12%; festive season to help: M&M

There is buoyancy in the markets in Maharashta and Karnataka because of Ganpati. Vishwakarma will have an impact on Bihar and central UP and then Navratri, Dassera and Diwali will give a good push to the markets. So the markets overall will do well, says Sanjeev Goyle of M&M.

M&M sees double digit growth in tractor sales in FY14

Mahindra & Mahindra feels tractor sales in the industry this year will easily exceed earlier expectations of 5-6 percent growth and grow in double digits in FY14.

Sales to outperform industry; no price hikes foreseen: M&M

In an interview to CNBC-TV18, Bhartendu Kapoor, Mahindra & Mahindra gives a positive outlook on his company's tractor sales. He expects them to outperform the industry standards.

M&M tractor sales down 10% in December

Mahindra & Mahindra reported 10.46 per cent decline in its total tractor sales in December 2012 at 14,759 units. The company had sold a total of 16,484 tractors in the same month previous year, the company said in a statement.

Demand for Stylish New Xylo & XUV 500 push M&M sales up

Vivek Nayer, senior vice president -marketing, automotive division at M&M spoke to CNBC-TV18 about sales numbers for the company and the expectations of dealers and customers.

Sales momentum to continue in next couple of months: M&M

Monthly auto sales numbers have started trickling in. M&M's November total auto sales came in slightly lower at 40,722 units versus 41,506 units (MoM), but were much better than expectations. Arun Malhotra, Senior Vice President of sales and customer care (Automotive Division) indicated that the auto sales saw a growth of 53% on a yearly basis.