Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) has reported its auto sales performance for August 2017 which stood at 42,116 vehicles, compared to 40,591 vehicles during August 2016, representing a growth of 4%.

The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 19,325 vehicles in August 2017, as against 18,246 vehicles during August 2016, registering a growth of 6%. The company’s domestic sales stood at 39,534 vehicles during August 2017, as against 36,944 vehicles during August 2016, a growth of 7%. In August 2017, the Medium and Heavy Commercial Vehicles segment sold 538 vehicles, a growth of 45%. Exports for August 2017 stood at 2,582 vehicles.

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.