Car Sales July 2016: Mahindra’s auto sector sells 39,458 vehicles, registers 14% growth

|
Added in: Mahindra

2015 Mahindra XUV500 (20)

Mahindra & Mahindra announced its auto sales performance for July 2016 which stood at 39,458 vehicles compared to 34,652 vehicles during July 2015, registering a growth of 14%. Exports for July 2016 stood at 4,153 vehicles, a growth of 16%.

The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 17,356 vehicles in July 2016 as against 14,456 vehicles during July 2015, a growth of 20%. The company’s domestic sales stood at 35,305 vehicles during July 2016, as against 31,087 vehicles during July 2015, a growth of 14%. In July 2016, the Medium and Heavy Commercial Vehicles segment sold 382 vehicles, registering a growth of 22%.

Mahindra Scorpio automatic AT front

Pravin Shah, President & Chief Executive (Automotive), M&M Ltd. said that the advent of a good monsoon so far, has brought in positive sentiment for the economy and that is somewhat reflected in Mahindra’s sales performance.

Here is the sales summary July 2016

July YTD July
F17 F16 % Change F17 F16 % Change
Passenger Vehicles 17356 14456 20% 76716 67935 13%
Utility Vehicles 15962 13204 21% 71871 62558 15%
Cars + Vans 1394 1252 11% 4845 5377 -10%
Commercial Vehicles 13168 12148 8% 52762 47621 11%
LCV < 3.5T 12230 11230 9% 47871 43680 10%
LCV > 3.5T 556 604 -8% 3019 2620 15%
MHCV 382 314 22% 1872 1321 42%
3W 4781 4483 7% 16786 16649 1%
Total Domestic Sales 35305 31087 14% 146264 132205 11%
Total Exports 4153 3565 16% 14722 12014 23%
Total Sales (Domestic + Export) 39458 34652 14% 160986 144219 12%
Read More »
Leave a Reply

Your email address will not be published. Required fields are marked *