Mahindra & Mahindra announced its auto sales numbers which stood at 36,706 units during May 2015 as against 37,869 units during May 2014. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 18,135 units in May 2015 as against 19,470 units during May 2014.
The company’s domestic sales stood at 33,369 units during May 2015 as against 35,499 units during May 2014. In May 2015, the Medium and Heavy Commercial Vehicles segment sold 343 units, registering a growth of 44%. Exports for May 2015 stood at 3,337 units registering a growth of 41%.
Pravin Shah, President & Chief Executive (Automotive), Mahindra & Mahindra says that the auto industry has been showing signs of recovery and it is important that factors like an interest rate cut if considered, would accelerate growth. Mahindra hopes to see improved sentiments with higher level of economic activities and the launch of New Age XUV500.
| May | YTD May | |||||
| F16 | F15 | % Change | F16 | F15 | % Change | |
| Passenger Vehicles | 18135 | 19470 | -7% | 37599 | 39021 | -4% |
| Utility Vehicles | 16980 | 17831 | -5% | 34921 | 35688 | -2% |
| Cars + Vans | 1155 | 1639 | -30% | 2678 | 3333 | -20% |
| Commercial Vehicles | 11407 | 12297 | -7% | 22736 | 23321 | -3% |
| LCV < 3.5T | 10349 | 11451 | -10% | 20943 | 21725 | -4% |
| LCV > 3.5T | 715 | 608 | 18% | 1190 | 1114 | 7% |
| MHCV | 343 | 238 | 44% | 603 | 482 | 25% |
| 3W | 3827 | 3732 | 3% | 7501 | 7264 | 3% |
| Total Domestic Sales | 33369 | 35499 | -6% | 67836 | 69606 | -3% |
| Total Exports | 3337 | 2370 | 41% | 5597 | 4551 | 23% |
| Total Sales (Domestic + Export) | 36706 | 37869 | -3% | 73433 | 74157 | -1% |