Auto Sales April 2015: Mahindra & Mahindra reports miniscule growth in auto sector

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Added in: News

Mahindra & Mahindra announced its auto sales numbers which stood at 36,727 units during April 2015 as against 36,288 units during April 2014. The Passenger Vehicles segment (which includes UVs and the Verito) sold 18,314 units in April 2015 as against 18,148 units during April 2014.

New Mahindra Scorpio (43)

The company’s domestic sales stood at 34,467 units during April 2015 as against 34,107 units during April 2014, registering a growth of 1%. In April 2015, the Truck & Bus division of the company sold 735 units. Exports for April 2015 stood at 2,260 units registering a growth of 4%.

rp_Mahindra-XUV500-SUV-96.jpg

Pravin Shah, President & Chief Executive, Automotive, Mahindra & Mahindra says that the SUV major is happy to have achieved an overall growth during April 2015 and expects to perform better given the positive sentiments and the upcoming launches of new products.

SegmentAprilF16AprilF15MOM April F16  Vs  April F15 growth% 
Passenger Vehicles (UVs & Verito)18314181481%
4-wheelers Commercial (Passenger & Load)*11744116771%
3-wheelers367435324%
LCV & HCV735750-2%
DOMESTIC TOTAL34467341071%
M&M EXPORTS226021814%
SECTOR TOTAL36727362881%
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