Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3092.85
-66.50 (-2.10%)
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M&M’s auto sector registers marginal fall in December sales

Date: 01-01-2020

Mahindra & Mahindra (M&M) has reported auto sales performance for December 2019 which stood at 39,230 vehicles, compared to 39,755 vehicles during December 2018, registering a fall of 1.32%. The company’s domestic sales touched 37081 vehicles during December 2019, as against 36690 vehicles in December 2018. Exports for December 2019 stood at 2149 vehicles.

In the domestic sales, the Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 15,691 vehicles in December 2019. In the Commercial Vehicles segment, the company sold 16,018 vehicles in December 2019, as against 16,906 vehicles in December 2018. In the Medium and Heavy Commercial Vehicles segment, Mahindra sold 478 vehicles for the month.

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.