Mahindra’s Auto Sector sells 37,915 units during December 2015, registers a 4% growth

Key Highlights :
· Auto sales numbers stood at 37,915 units during December 2015 as against 36,328 units during December 2014, representing a growth of 4%

· The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 18,197 units in December 2015 as against 17,980 units during December 2014.

· The company’s domestic sales 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%.

Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced its auto sales numbers which stood at 37,915 units during December 2015 as against 36,328 units during December 2014, representing a growth of 4%.

The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 18,197 units in December 2015 as against 17,980 units during December 2014. The company’s domestic sales 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%.

Speaking on the auto sales performance for December 2015, Pravin Shah, President & Chief Executive (Automotive), M&M Ltd. said, “Inspite of a challenging external environment, we at Mahindra have closed December on a positive note. Having been encouraged with the positive response to our upcoming KUV100, we are excited about this compact SUV launch on 15^th January, especially with our first mFalcon petrol offering. We are delighted with our exports performance during December which has grown by 65%”.

Sales Summary December 2015