Mumbai, February 1, 2012: Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced a 22% rise in its auto sales numbers, which stood at 44717 units during January 2012 as against 36718 units during January 2011.
The company’s domestic sales stood at 41369 units during January 2012, as against 34601 units during January 2011, an increase of 20%. Exports have grown by an impressive 95% at 3348 units while the 4-wheeler commercial segment which includes the passenger and load categories has registered a growth of 35% at 13725 units.
Speaking on the numbers, Arun Malhotra, Senior VP, Sales & Customer Care, Automotive Division, Mahindra & Mahindra Ltd. said, “We are happy to achieve all time high sales of 44717 units and a strong growth of 22% thanks to the good performance of all our brands. The XUV500 continues to create excitement in the market and the second round of bookings has evoked an overwhelming response”.
Sales Summary January 2012 |
Segment | January 2012 | January 2011 | YTD Jan F12 | YTD Jan F11 |
| Passenger Vehicles (UVs & Verito) | 19975 | 17208 | 176522 | 146455 |
| 4-wheelers Commercial (Passenger & Load)* | 13725 | 10193 | 124455 | 84165 |
| 3-wheelers | 6126 | 6177 | 57240 | 50648 |
| MNAL | 1543 | 1023 | 11049 | 9298 |
| | | | |
| DOMESTIC TOTAL | 41369 | 34601 | 369266 | 290566 |
| | | | |
| M&M EXPORTS | 3348 | 1713 | 23891 | 13693 |
| Verito Exports | 0 | 404 | 0 | 1904 |
| SECTOR TOTAL | 44717 | 36718 | 393157 | 306163 |
*Includes Maxximo, Gio, Genio & Bolero Pick up
About The Mahindra Group
The Mahindra Group focuses on enabling people to rise. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. Mahindra has a presence in the automotive industry, agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelers.
A US $14.4 billion multinational group based in Mumbai, India, Mahindra employs more than 144,000 people in over 100 countries.
In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. Dun & Bradstreet also ranked Mahindra at No. 1 in the automobile sector in its list of India’s Top 500 Companies. In 2010, Mahindra featured in the Credit Suisse Great Brands of Tomorrow.
In 2011, Mahindra acquired a majority stake in Korea’s SsangYong Motor Company
