Mahindra & Mahindra Ltd. (M&M Ltd.) has announced
its auto sales numbers which stood at 36,328 units during December 2014, as
against 39,611 units during December 2013. The Passenger Vehicles segment
(which includes UVs and the Verito) sold 17,311 units in December 2014, as
against 16,436 units during December 2013, registering a growth of 5pc. This
was stated in a press release issued by the company
The company’s domestic sales stood at 34,460 units during
December 2014, as against 36,881 units during December 2013. In December 2014,
the Truck & Bus division of the company sold 843 units, registering a
growth of 92%.
Pravin Shah, Chief Executive, Automotive Division &
International Operations (AFS), Mahindra & Mahindra Ltd. said, “We are
happy to have achieved a growth of 5pc for our passenger vehicle segment in
December with 2014 being an immensely challenging year for the Auto industry.
The industry which was showing early signs of recovery would be severely impacted
by the withdrawal of the excise duty concessional rate which would affect
overall business sentiment, as it will lead to an increase in vehicle
prices. At Mahindra we continue to
remain optimistic going forward on the back of our new product launches during
2015”.
Sales Summary December
2014
|
Segment
|
Dec F15
|
Dec F14
|
YTD
Dec F15
|
YTD
Dec F14
|
MOM
Dec F15
Vs
Dec F14
Growth%
|
YTD
Dec F15
Vs
YTD
Dec F14
Growth %
|
|
Passenger Vehicles
(UVs & Verito)
|
17311
|
16436
|
152084
|
166622
|
5%
|
-9%
|
|
4-wheelers Commercial
(Passenger & Load)*
|
12194
|
14399
|
119831
|
130137
|
-15%
|
-8%
|
|
3-wheelers
|
4112
|
5606
|
43274
|
46875
|
-27%
|
-8%
|
|
MTB
|
843
|
440
|
6307
|
5731
|
92%
|
10%
|
|
DOMESTIC TOTAL
|
34460
|
36881
|
321496
|
349365
|
-7%
|
-8%
|
|
M&M EXPORTS
|
1868
|
2730
|
20180
|
21324
|
-32%
|
-5%
|
|
SECTOR TOTAL
|
36328
|
39611
|
341676
|
370689
|
-8%
|
-8%
|
*Includes Maxximo, Gio, Genio & Bolero Pick up