Mahindra’s Auto Sector sells 37,915 units during December 2015, registers a 4% growth

Mahindra-and-Mahindra

Key Highlights :
· Auto sales numbers stood at 37,915 units during December 2015 as against 36,328 units during December 2014, representing a growth of 4%

· The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 18,197 units in December 2015 as against 17,980 units during December 2014.

· The company’s domestic sales stood at 34,839 units during December 2015 as against 34,460 units during December 2014.

· In December 2015, the Medium and Heavy Commercial Vehicles segment sold 528 units, registering a growth of 74%.

· Exports for December 2015 stood at 3,076 units, registering a growth of 65%.

Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced its auto sales numbers which stood at 37,915 units during December 2015 as against 36,328 units during December 2014, representing a growth of 4%.

The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 18,197 units in December 2015 as against 17,980 units during December 2014. The company’s domestic sales stood at 34,839 units during December 2015 as against 34,460 units during December 2014. In December 2015, the Medium and Heavy Commercial Vehicles segment sold 528 units, registering a growth of 74%.

Exports for December 2015 stood at 3,076 units, registering a growth of 65%.

Speaking on the auto sales performance for December 2015, Pravin Shah, President & Chief Executive (Automotive), M&M Ltd. said, “Inspite of a challenging external environment, we at Mahindra have closed December on a positive note. Having been encouraged with the positive response to our upcoming KUV100, we are excited about this compact SUV launch on 15th January, especially with our first mFalcon petrol offering. We are delighted with our exports performance during December which has grown by 65%”.

Sales Summary December 2015

  December YTD December
F16 F15 % Change F16 F15 % Change
Passenger Vehicles 18197 17980 1% 163616 163395 0%
Utility Vehicles 17310 17082 1% 153242 149810 2%
Cars + Vans 887 898 -1% 10374 13585 -24%
Commercial Vehicles 12465 12368 1% 121096 114831 5%
LCV < 3.5T 11530 11525 0% 112708 108520 4%
LCV > 3.5T 407 540 -25% 4652 4027 16%
MHCV 528 303 74% 3736 2284 64%
3W 4177 4112 2% 42345 43274 -2%
Total Domestic Sales 34839 34460 1% 327057 321500 2%
Total Exports 3076 1868 65% 26532 20180 31%
Total Sales (Domestic + Export) 37915 36328 4% 353589 341680 3%