Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
-9.35 (-0.30%)
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M&M’s Auto Sector registers 3% fall in May sales

Date: 01-06-2019

Mahindra & Mahindra (M&M) has reported auto sales performance for May 2019 which stood at 45,421 vehicles, compared to 46,848 vehicles during May 2018, registering a fall of 3%. The company’s domestic sales touched 43,056 vehicles during May 2019, as against 43,818 vehicles in May 2018. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 20,608 vehicles in May 2019.

In the Commercial Vehicles segment, the company sold 17,879 vehicles in May 2019, as against 18,748 vehicles in May 2018. In the Medium and Heavy Commercial Vehicles segment, M&M sold 637 vehicles for the month. Exports for May 2019 stood at 2,365 vehicles.

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.