Mahindra & Mahindra reports 28% growth in May 2012 sales

Mahindra & Mahindra, India’s leading SUV manufacturer reported 28% increase in its auto sales numbers, which stood at 43988 units during May 2012 as against 34323 units during May 2011. It has reported 24% rise in its domestic sales at 39938 units during May 2012, as against 32159 units during May 2011.

The Passenger Vehicles segment which includes the UVs and Verito has posted a growth of 27%, having sold 21154 units in May 2012, as against 16702 units during May 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.