Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M), country’s largest vehicle marker, has reported 21.74% jump in sales at 45,836 units for August against 37,684 units in the same month last year. The company’s domestic sales were up 19.77% 42,826 units during the month against 35,756 units in August 2011.

Besides, the passenger vehicles segment, which includes the UVs and Verito registered a 39.37% increase at 21,831 units against 15,664 units in the year-ago month. The company’s new look Verito has crossed the 2,000-plus units sales mark during August 2012, evoking a positive response.

Further, the company’s exports in the last month recorded a growth of 56.12% to 3,010 units from 1,928 units in the same month last year.