Mahindra & Mahindra Ltd.
58.20 (1.87%) M&M’s Auto Sector registers 32% growth in January sales
Date: 01-02-2018Mahindra & Mahindra’s (M&M) Auto Sector has sold 52,048 vehicles in January 2018, as against 39,386 vehicles during January 2017, to register a growth of around 32%.
The company’s domestic sales stood at 49,432 vehicles during January 2018, as against 37,115 vehicles during January 2017, registering a growth of 33%. In the Medium and Heavy Commercial Vehicles segment, the company sold 1,049 vehicles for the month, registering an impressive growth of 70%. Meanwhile, exports for January 2018 stood at 2,616 vehicles, a growth of 15%.
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.