Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) has reported a 6 per cent growth in total automotive sales at 60,188 units in December 2023, as compared to the same month a year ago. Passenger vehicles sales last month stood at 35,174 units, as against 28,445 units in December 2022, up 24 per cent.

Sales of utility vehicles also grew by 24 per cent at 35,171 units in December 2023, as against 28,333 units in the corresponding month a year ago. Total automotive exports were down 41 per cent at 1,819 units last month, as compared to 3,100 units in December 2022.

Mahindra & Mahindra (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.