Mahindra & Mahindra Ltd.

Mahindra and Mahindra’s (M&M) South Korean subsidiary SsangYong Motor has sold a total of 9,724 units in February 2015 - 6,571 units in domestic sales and 3,153 in exports including CKD kits. This was a decline of 17.6% compared to the same month last year due to reduced working days and declined shipments to the Russian market, while its domestic sales increased thanks to the Tivoli sales.

In the domestic market, its sales exceeded 6,000 units for the second straight month, up 19.4% from the previous year and 22.3% on a cumulative basis. However, Ssangyong’s exports in February declined by 50% year-on-year as the company strategically continued to reduce its shipments to Russia in response to the Ruble crisis.

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.