Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) Auto Sector has sold 46,849 vehicles in May 2018, compared to 42,003 vehicles during May 2017, a growth of 12%. The domestic sales stood at 43,818 vehicles during May 2018, registering a growth of 8%.

In the Passenger Vehicles segment (which includes UVs, Cars and Vans) the company sold 20,715 vehicles, a growth of 2% and in the commercial vehicle segment, the company sold 18,748 vehicles, a 15% growth. In the Medium and Heavy Commercial Vehicles segment, M&M sold 1,152 vehicles for the month of May 2018. Exports stood at 3,031 vehicles for the month, a strong growth of 134%.

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.