Mahindra sales up by 1.29 per cent in August 2015

Mahindra & Mahindra has announced its auto sales number for the month of August 2015. The automaker has sold 35,634 units last month as opposed to 35,180 units in the same period last year.

Speaking on the auto sales performance, Pravin Shah, President and Chief Executive (Automotive), M&M Ltd, said, “While currently we are witnessing fragmented recovery in auto sales, we are hopeful that the upcoming festive season will provide a much needed fillip to the auto industry. Our export sales have grown with a record high of 73 per cent compared to previous year. Overall we have had a positive month and the launch of new models is expected to further improve overall performance. At Mahindra, we are gearing up for an exciting launch of our forthcoming TUV300.”

In the Passenger Vehicles segment (which includes UVs, Cars and Vans) Mahindra managed to sell 14,198 units in August 2015 as opposed to 15,321 units in the corresponding month last year. The company’s domestic sales stood at 32,122 last month as against 33,150 units during August 2014. 

In August 2015, the Medium and Heavy Commercial Vehicles segment sold 341 units, registering a growth of 21 per cent. Exports for the August 2015 stood at 3,512 units, registering a growth of 73 per cent.