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%.
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
|F17||F16||% Change||F17||F16||% Change|
|Cars + Vans||1394||1252||11%||4845||5377||-10%|
|LCV < 3.5T||12230||11230||9%||47871||43680||10%|
|LCV > 3.5T||556||604||-8%||3019||2620||15%|
|Total Domestic Sales||35305||31087||14%||146264||132205||11%|
|Total Sales (Domestic + Export)||39458||34652||14%||160986||144219||12%|