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M&M reports 13% fall in November sales

01 Dec 2014 Evaluate

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported its auto sales numbers which stood at 34292 units during November 2014, as against 39254 units during November 2013, registering a fall of 13%. The Passenger Vehicles segment (which includes UVs and the Verito) sold 13,765 units in November 2014, as against 16,771 units during November 2013.

The company’s domestic sales stood at 32100 units during November 2014, as against 36,261 units during November 2013, registering a decline of 11%. In November 2014, the 4-wheelers commercial segment sold 12,748 units registering a fall of 3%, while the 3-wheelers sales declined 15% to 5,005 units in November 2014. Exports for the month stood at 2,192 units.

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

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