Mahindra Auto Sales Rise 8% in Dec at 39,200 | CORPORATE ETHOS

Mahindra Auto Sales Rise 8% in Dec at 39,200

By: | January 1, 2018
Mahindra

Jan 1: Mahindra & Mahindra Ltd. (M&M Ltd.) today announced its auto sales performance for December 2017 which stood at 39,200  vehicles, compared to 36,464 vehicles during December 2016 registering a growth of 8%.

The company’s domestic sales stood at 36,979 vehicles during December 2017, as against 34,411 vehicles during December 2016, registering  a growth of 7%. In the Medium and Heavy Commercial Vehicles segment, M&M sold 1,193 vehicles for the month, registering an impressive growth of 151%.

Exports for December 2017 stood at 2,221 vehicles, a growth of 8%   Commenting on the monthly performance, Rajan Wadhera, President, Automotive Sector, M&M Ltd. said, “We are happy to have ended December 2017 with a growth of 8%. Our commercial vehicles growth for December has been encouraging at 24% and we are particularly buoyed by our ongoing strong performance in the MHCV segment which indicates a vibrancy in the economy. Global automotive trends such as electric vehicles and shared mobility will be key indicators for 2018 and at Mahindra we would continue to be a key and innovative player.”