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M&M sales rise marginally in June
Mahindra & Mahindrahad sold 38,092 units in the same month last year.
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New Delhi: Automaker major Mahindra & Mahindra (M&M) on Tuesday reported a marginal increase in total sales at 38,471 units in June.
Mahindra & Mahindra (M&M) had sold 38,092 units in the same month last year, the company said in a statement.
M&M's domestic sales also rose marginally at 36,457 units last month as against 36,207 a year earlier.
Sales of passenger vehicles, including Scorpio, XUV 5OO, Xylo, Bolero and Verito, stood at 16,780 units compared with 17,232 units in June 2013, down 3 percent.
Four-wheel commercial vehicle sales rose by 3 percent to 14,138 units in June 2014 as against 13,761 units in the year-ago month, it said.
Exports rose 7 percent to 2,014 units from 1,885 units in the same period a year earlier.
M&M Chief Executive (Automotive Division) Pravin Shah said: "The recent announcement by the government of an extension in the lowering of excise duty will provide a fillip leading up to the festive season."
Mahindra & Mahindra (M&M) had sold 38,092 units in the same month last year, the company said in a statement.
M&M's domestic sales also rose marginally at 36,457 units last month as against 36,207 a year earlier.
Sales of passenger vehicles, including Scorpio, XUV 5OO, Xylo, Bolero and Verito, stood at 16,780 units compared with 17,232 units in June 2013, down 3 percent.
Four-wheel commercial vehicle sales rose by 3 percent to 14,138 units in June 2014 as against 13,761 units in the year-ago month, it said.
Exports rose 7 percent to 2,014 units from 1,885 units in the same period a year earlier.
M&M Chief Executive (Automotive Division) Pravin Shah said: "The recent announcement by the government of an extension in the lowering of excise duty will provide a fillip leading up to the festive season."
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