Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3178.65
58.20 (1.87%)
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M&M’s Auto Sector registers 26% growth in June sales

Date: 02-07-2018

Mahindra & Mahindra’s (M&M) Auto Sector has sold 45,155 vehicles in June 2018, compared to 35,759 vehicles during June 2017, a growth of 26%. The domestic sales stood at 41,689 vehicles during June 2018, registering a growth of 23%.

In the Passenger Vehicles segment (which includes UVs, Cars and Vans) the company sold 18,137 vehicles, a growth of 12% and in the commercial vehicle segment, the company sold 19,229 vehicles, a 27% growth. In the Medium and Heavy Commercial Vehicles segment, M&M sold 1,108 vehicles for the month of June 2018. Exports stood at 3,466 vehicles for the month, a growth of 87%.

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.