-1.30 (-0.04%) Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reported a 27% rise in its auto sales numbers, which stood at 40719 units during April 2012 as against 32090 units during April 2011.
The company’s domestic sales stood at 39299 units during April 2012, as against 30349 units during April 2011, an increase of 29%. The Passenger Vehicles segment which includes the UVs and Verito has registered a growth of 33%, having sold 20558 units in April 2012, as against 15459 units during April 2011.
M&M operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. Mahindra has a presence in the automotive industry, agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelers.