New Mahindra Scorpio
New Mahindra Scorpio

Car Sales March 2015: Mahindra and Mahindra reports negative year-on-year growth

New Mahindra Scorpio (43)

Mahindra and Mahindra have reported the year-on-year sales for the month of March 2015 and the results are not so promising. In the domestic market, the manufacturer sold 41,193 units of vehicles in the month of March as against 48,490 units during the same period last year resulting in a 15 percent fall.

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Exports rose from 3,146 units in March 2014 to 4,019 units in March 2015 marking a rise of 28 percent. Positive exports, however, could not compensate for the negative growth in domestic market as the total sales witnessed a 12 percent fall. The Passenger Vehicles segment (which includes UVs and the Verito) sold 21,030 units in March 2015 as against 23,433 units during March 2014, a fall of 10 percent.

Here is the breakdown of the year-on-year sales and year-to-date sales numbers:

Segment MarchF15 MarchF14 YTD March  YTD March  MOM March F15 Vs YTD March F15 Vs
F15 F14 March F14 growth% YTD
March F14 growth%
Passenger Vehicles (UVs & Verito) 21030 23433 210021 229155 -10% -8%
4-wheelers Commercial (Passenger & Load)* 14279 17649 158957 177587 -19% -10%
3-wheelers 4808 6305 56764 62614 -24% -9%
LCV & HCV 1076 1103 8910 8161 -2% 9%
DOMESTIC TOTAL 41193 48490 434652 477517 -15% -9%
M&M EXPORTS 4019 3146 30196 29659 28% 2%
SECTOR TOTAL 45212 51636 464848 507176 -12% -8%

*Includes Maxximo, Gio, Genio & Bolero Pick up


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