Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M), country’s largest popular utility vehicles maker has registered sales of over one-lakh unit of its 2-3.5 tonne pickups vehicles in FY13. The company has wrapped up 2012-13 with sales of nearly 1.03 lakh units, a 40 per cent jump from 73,000 vehicles sold in the preceding fiscal.

The company also remained the clear leader in this product category with a market share of 55 per cent in FY13. The company’s range of pickups includes the Genio, Bolero Pick up and (Bolero) Maxi Truck.

Recently, M&M reported 10.62% increase in its total sales at 51,904 units in March 2013 against 46,919 units in the same month in 2012. The automaker registered a rise of 16.60% in its total sales at 563,373 units compared to 483,164 units in the previous fiscal.