How were the auto dispatch numbers of Tata Motors and M&M for the month of May 2021?
Answer
Answer
Tata Motors and M&M saw fall in dispatches for May-21 due to COVID-2.0 disruptions. Tata Motors monthly PV dispatches fell 40% month to 15181 units while CV dispatches fell 35% to 9371 units.
Mahindra & Mahindra reported 56.22% drop in PV dispatches to 8,004 units. Rather surprisingly, even tractor dispatches dropped ahead of monsoons by 12.5% to 22,843 units due to lower capacity utilization levels.