Anand Mahindra with his TUV

Vehicle Sales December 2015: Mahindra registers 4% growth in the auto sector

Anand Mahindra with his TUV300 (1)

Mahindra reported its sales numbers for the month of December which stood at 37,915 units during December 2015 as against 36,328 units during December 2014, a growth of 4%. The Passenger Vehicles segment (which includes UVs, Cars and Vans) saw slightly negative sales as the company sold 18,197 units in December 2015 as against 17,980 units during December 2014.

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The company’s domestic sales rose marginally and stood at 34,839 units during December 2015 as against 34,460 units during December 2014. In December 2015, the Medium and Heavy Commercial Vehicles segment sold 528 units, registering a growth of 74%. Exports for December 2015 stood at 3,076 units, registering a growth of 65%.

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The two-wheeler arm of the group, Mahindra Two Wheelers, also announced its sales numbers, which stood at 12,112 units for December 2015 against 13,445 units in the corresponding month last year. The company’s domestic sales during December 2015 stood at 10,488 units versus 12,835 units in December 2014 while the exports for the month stood at 1,624 units against 610 units.

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