Mahindra Auto sells 39011 units in June 2016

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Mahindra Auto sells 39011 units in June 2016

Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced its auto sales numbers which stood at 39011 units during June 2016 as against 36134 units during June 2015, representing a growth of 8%.

The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 17070 units in June 2016 as against 15880 units during June 2015, a growth of 7%. The company’s domestic sales stood at 34991 units during June 2016 as against 33282 units during June 2015. In June 2016, the Medium and Heavy Commercial Vehicles segment sold 517 units, registering a growth of 28%.

Exports for June 2016 stood at 4020 units registering a healthy growth of 41%.

Speaking on the auto sales performance for June 2016, Pravin Shah, President & Chief Executive (Automotive), M&M Ltd. said,

At Mahindra, we are happy to have achieved an overall growth of 11% during the first quarter of the current financial year despite various challenges. With the advent of a good monsoon, which we are currently witnessing, we hope to see improved sentiments and a buoyancy in demand thereby enhancing rural prosperity. We do hope that the Honorable Supreme Court while taking a decision on diesel vehicles ban in NCR region will take cognizance of all the facts including the role that the automotive industry plays in the country’s industrial growth.

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Author: Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries. Follow me on twitter and facebook as well!

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