Mahindra & Mahindra Ltd.

Mahindra and Mahindra’s (M&M) South Korean subsidiary SsangYong Motor has sold a total of 13,010 units in March 2016 - 9,069 units in domestic sales and 3,941 in exports. Its global sales surged by 23% from the previous month and 1.1% from the same month last year thanks to sales uptrend of Tivoli and Tivoli Air (XLV), which has led the company's domestic sales growth along with Tivoli since its launch in early March.

Ssangyong's domestic sales recorded 9,069 units, up 29.9% from the previous month and 17.5% from the same month last year helped by robust sales of Tivoli brand models that jumped by 69.7% compared to March 2015 and its other main SUVs. Ssangyong's exports in March soared by 9.7% over the previous month thanks to Tivoli Air exports to the European markets, while its year-on-year exports dropped by 23.5% due to reduced demands in the emerging markets.

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.