Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3092.85
-66.50 (-2.10%)
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M&M reports 3% fall in July sales

Date: 03-08-2015

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported its auto sales numbers which stood at 34,652 units during July 2015 as against 35,567 units during July 2014, registering a fall of 3%. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 14,456 units in July 2015 as against 16,569 units during July 2014, down by 13%.

The company's domestic sales stood at 31,087 units during July 2015 as against 33,047 units during July 2014. However, in July 2015 the Medium and Heavy Commercial Vehicles segment sold 314 units, registering a growth of 11%.  The company’s exports for July 2015 stood at 3,565 units registering a growth of 41%.

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.