Car Sales December 2015: Mahindra’s Auto Sector sells 37,915 units, registers a 4% YOY growth

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Added in: Mahindra

2015-Mahindra-XUV500-1

Mahindra & Mahindra Ltd. (M&M Ltd.) 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%”. 

 DecemberYTD December
F16F15% ChangeF16F15% Change
Passenger Vehicles18197179801%1636161633950%
Utility Vehicles17310170821%1532421498102%
Cars + Vans887898-1%1037413585-24%
Commercial Vehicles12465123681%1210961148315%
LCV < 3.5T11530115250%1127081085204%
LCV > 3.5T407540-25%4652402716%
MHCV52830374%3736228464%
3W417741122%4234543274-2%
Total Domestic Sales34839344601%3270573215002%
Total Exports3076186865%265322018031%
Total Sales (Domestic + Export)37915363284%3535893416803%
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