Mahindra’s Auto Sector Sales at 39,611 Units in December 2013, Down 13 Percent

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Added in: Mahindra

Mahindra december 2013 sales

Mahindra & Mahindra Ltd. (M&M Ltd.) today announced its auto sales numbers which stood at 39,611 units during December 2013. The Passenger Vehicles segment (which includes UVs and Verito) sold 16,436 units in December 2013, as against 22,761 units during December 2012. The company’s domestic sales stood at 36,881 units during December 2013, as against 42,307 units during December 2012. The 4-wheelers commercial segment had sold 14,399 units while the 3-wheelers segment clocked 5,606 units in December 2013. Exports for the month stood at 2,730 units.

Sales Summary December 2013

SegmentDecember

F14

December

F13

MOM Dec F14 Vs

Dec F13 growth%

YTD Dec F14 Vs

YTD

Dec F13 growth%

Passenger Vehicles (UVs & Verito)

16436

22761

-28%

-18%

4-wheelers Commercial (Passenger & Load)*

14399

13706

5%

2%

3-wheelers

5606

5209

8%

-6%

MTBL

440

631

-30%

-33%

DOMESTIC TOTAL

36881

42307

-13%

-10%

M&M EXPORTS

2730

2990

-9%

-14%

SECTOR TOTAL

39611

45297

-13%

-10%

*Includes Maxximo, Gio, Genio & Bolero Pick up

Speaking on the monthly performance, Pravin Shah, Chief Executive, Automotive Division, Mahindra & MahindraLtd. said, “During the first nine months of the current fiscal, the auto Industry has seen a negative growth due to sustained deceleration in economic activity and consequent weakness in consumer and  business sentiments. While the immediate turnaround in the auto Industry is not expected without certain policy corrections and support, the worst seems to be over. At Mahindra we continue to focus on customer centricity and do hope that the new year will bring in the much needed cheer for the Auto Sector”.

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