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Mahindra’s Auto Sector sells 36,727 units during April 2015

Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced its auto sales numbers which stood at 36,727 units during April 2015 as against 36,288 units during April 2014. The Passenger Vehicles segment (which includes UVs and the Verito) sold 18,314 units in April 2015 as against 18,148 units during April 2014. The company’s domestic … Continued

Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced its auto sales numbers which stood at 36,727 units during April 2015 as against 36,288 units during April 2014.

The Passenger Vehicles segment (which includes UVs and the Verito) sold 18,314 units in April 2015 as against 18,148 units during April 2014. The company’s domestic sales stood at 34,467 units during April 2015 as against 34,107 units during April 2014, registering a growth of 1%. In April 2015, the Truck & Bus division of the company sold 735 units.

Exports for April 2015 stood at 2,260 units registering a growth of 4%.

Speaking on auto sales performance, Pravin Shah, President & Chief Executive, Automotive, Mahindra & Mahindra said, “We are happy to have achieved an overall growth during April 2015. The auto industry is hopeful of a better financial year as we see positive sentiments on the back of various policy and project announcements leading to higher levels of economic activity. At Mahindra we expect to perform better given the positive sentiments and the upcoming launches of our new products”.

 Sales Summary April 2015

Segment April

F16

April

F15

MOM April F16

 

Vs

April F15 growth%
 
Passenger Vehicles (UVs & Verito)

18314

18148

1%

4-wheelers Commercial (Passenger & Load)*

11744

11677

1%

3-wheelers

3674

3532

4%

LCV & HCV

735

750

-2%

DOMESTIC TOTAL

34467

34107

1%

M&M EXPORTS

2260

2181

4%

SECTOR TOTAL

36727

36288

1%

*Includes Maxximo, Gio, Genio & Bolero Pick up

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