Mahindra & Mahindra’s Auto Sales numbers for the month of July 2013

Mahindra & Mahindra Auto Sales report for July 2013

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Added in: Mahindra

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Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced its auto sales numbers for July 2013 which stood at 37,096 units as against 47,059 units during July 2012.

The Passenger Vehicles segment (which includes the UVs and Verito) sold 15,530 units in July 2013, as against 22,011 units during July 2012. The company’s domestic sales stood at 34,490 units during July 2013, as against 42,799 units during July 2012. The 4 wheeler commercial segment which includes passenger and load vehicles sold 13,740 units, while the 3 wheeler segment clocked 4,490 units in July 2013. Exports for the month of July 2013 stood at 2,606 units.

Speaking on the monthly performance, Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd. said, “Over the last few months, the auto industry has been going through one of its worst phases of the last decade with planned shutdowns being taken by companies to correct demand-supply mismatch. The industry is in desperate need for an immediate stimulus from the government. With interest rates remaining unchanged and the rupee plunging to new lows, lowering of excise duty is the need of the hour which will rev up demand for auto products, leading up to the festive season”.

Sales Summary July 2013

SegmentJuly F14July F13YTD July F14YTD July F13MOM July F14 Vs July F13 growth%YOY YTD July F14 Vs YTD July F13 growth%
Passenger Vehicles (UVs & Verito)

15530

22011

75754

83511

-29%

-9%

4-wheelers Commercial (Passenger & Load)*

13740

14688

56763

54099

-6%

5%

3-wheelers

4490

5149

16857

18964

-13%

-11%

MTBL

730

951

3329

4409

-23%

-24%

DOMESTIC TOTAL

34490

42799

152703

160983

-19%

-5%

M&M EXPORTS

2606

4260

7377

12102

-39%

-39%

SECTOR TOTAL

37096

47059

160080

173085

-21%

-8%

 

*Includes Maxximo, Gio, Genio & Bolero Pick up

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