Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) arm - SsangYong Motor Company has sold a total of 10,930 units in April 2018; comprising of 8,124 units in domestic sales and 2,806 in exports. Despite the popularity of its brand-new Rexton Sports and the recovery in the exports, SsangYong’s overall sales in April decreased by 1.3 percent from the previous year.

In April, the company’s domestic sales were down by 2.7% year-on-year despite impressive performance of Rexton Brands, with the G4 Rexton increasing 468.6% and the Rexton Sports increasing 51.4% year-on-year respectively. The company’s exports, which had dropped more than 20% year-on-year, have recovered, showing an increase of 3% for the first time this year.

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.