Car Sales June 2015: Mahindra’s Auto Sector reports negative growth

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Added in: Mahindra

Mahindra XUV500 - 1

Mahindra & Mahindra announced its year on year auto sales numbers for the month of June 2015 which stood at 36,134 units as against 38,466 units during June 2014, reporting a negative growth. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 15,880 units in June 2015 as against 18,635 units during June 2014. The company’s domestic sales stood at 33,282 units during June 2015 as against 36,452 units during June 2014. In June 2015, the Medium and Heavy Commercial Vehicles segment sold 404 units, registering a growth of 45%. Exports for June 2015 stood at 2,852 units registering a growth of 42%.

Mahindra Jeeto launched

Pravin Shah, President & Chief Executive (Automotive), Mahindra & Mahindra says that with a normal monsoon till date, an overall positive sentiment and a slew of new launches in the automotive industry, the company expects buoyancy in demand going forward. The recently launched products, the new age XUV500 and the all new SCV, Jeeto have been very well received by the customers.

Here is a detailed year on year sales report for the month of June 2015:

June YTD June
F16 F15 % Change F16 F15 % Change
Passenger Vehicles 15880 18635 -15% 53479 57656 -7%
Utility Vehicles 14433 16492 -12% 49354 52180 -5%
Cars + Vans 1447 2143 -32% 4125 5476 -25%
Commercial Vehicles 12737 13273 -4% 35473 36594 -3%
LCV < 3.5T 11507 12283 -6% 32450 34008 -5%
LCV > 3.5T 826 711 16% 2016 1825 10%
MHCV 404 279 45% 1007 761 32%
3W 4665 4544 3% 12166 11808 3%
Total Domestic Sales 33282 36452 -9% 101118 106058 -5%
Total Exports 2852 2014 42% 8449 6565 29%
Total Sales (Domestic + Export) 36134 38466 -6% 109567 112623 -3%
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