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201509 May



Mahindra & Mahindra Ltd. (M&M Ltd.) 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 just a percent. In April 2015, the Truck and Bus division of the company sold 735 units.


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


Speaking on auto sales performance, Pravin Shah, President and 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.” 


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