Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) has reported its auto sales performance for October 2017 which stood at 51,149 vehicles, compared to 52,008 vehicles during October 2016, representing a fall of 1.65%.

The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 23,413 vehicles in October 2017, as against 24,737 vehicles during October 2016, registering a fall of 5.35%. The company’s domestic sales stood at 48,818 vehicles during October 2017, as against 48,729 vehicles during October 2016, reporting a growth of 0.18%. In October 2017, the Medium and Heavy Commercial Vehicles segment sold 748 vehicles, recording a growth of 59%. Exports for October 2017 stood at 2,331 vehicles.

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.