Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3178.65
58.20 (1.87%)
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M&M’s arm SsangYong Motor sells 10,420 units in January 2017

Date: 06-02-2017

Mahindra and Mahindra’s (M&M) South Korean subsidiary SsangYong Motor, has sold a total of 10,420 units in January 2017 - 7,015 units in domestic sales and 3,405 in exports. The company’s January sales grew by 3.4% compared to the same month last year helped by the continued uptrend in the Tivoli sales even though it was off-season for car sales due to the reduced working days and termination of the Korea Sale Festa (massive shopping campaign).

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.