M&M reports 17% growth in March sales

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported its auto sales numbers which stood at 52,718 units during March 2016 as against 45,124 units during March 2015, representing a growth of 17%. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 26,885 units in March 2016 as against 22,183 units during March 2015, a growth of 21%.

The company’s domestic sales stood at 48,967 units during March 2016 as against 41,105 units during March 2015, a growth of 19%. In March 2016, the Medium and Heavy Commercial Vehicles segment sold 879 units, registering a growth of 86%. The company’s exports for March 2016 stood at 3,751 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.