Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3159.35
30.20 (0.97%)
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M&M reports 6.45% fall in January sales

Date: 03-02-2015

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported its auto sales numbers which stood at 39,930 units during January 2015 as against 42,685 units during January 2014, registering a fall of 6.45%.The Passenger Vehicles segment (which includes UVs and the Verito) sold 18,804 units in January 2015 as against 19,792 units during January 2014.

The company’s domestic sales stood at 37,045 units during January 2015 as against 40,324 units during January 2014. In January 2015, the Truck & Bus division of the company sold 796 units, registering a growth of 10%. Exports for January 2015 stood at 2,885 units registering a growth of 22%.

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.