Mahindra’s Auto Sector sells 39,255 units during November 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 which stood at 39,255 units during November 2013.

The Passenger Vehicles segment (which includes UVs and Verito) sold 16,771 units in November 2013, as against 24,604 units during November 2012. The company’s domestic sales stood at 36,261 units during November 2013, as against 46,755 units during November 2012. The 4-wheelers commercial segment had sold 13,186 units while the 3-wheelers segment clocked 5,861 units in November 2013. Exports for the month stood at 2,994 units as against 1,388 units in November 2012, representing a substantial growth.

Speaking on the monthly performance, Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd. said, “Post the festive season month of October, the auto industry has turned to further de-growth and continues to remain subdued. Unless some concrete measures are provided for its revival, we do not foresee any immediate turnaround. Factors such as increase in input costs and the depreciating rupee have not helped in any way. At Mahindra, we continue to focus on operational excellence to augment our overall performance and remain cautiously optimistic of the situation”.

Sales Summary November 2013

SegmentNov

F14

Nov

 F13

YTD Nov

 F14

YTD Nov

 F13

MOM NovF14 Vs

NovF13 growth%

YOY YTD NovF14 Vs

YTD

NovF13 growth%

Passenger Vehicles (UVs & Verito)

16771

24604

150186

180686

-32%

-17%

4-wheelers Commercial (Passenger & Load)*

13186

14353

115738

113697

-8%

2%

3-wheelers

5861

6867

41269

44856

-15%

-8%

MTBL

443

931

5291

7904

-52%

-33%

DOMESTIC TOTAL

36261

46755

312484

347143

-22%

-10%

M&M EXPORTS

2994

1388

18595

21701

116%

-14%

MTBL EXPORTS

0

0

0

1

-100%

SECTOR TOTAL

39255

48143

331079

368845

-18%

-10%

 

*Includes Maxximo, Gio, Genio & Bolero Pick up

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