Mahindra & Mahindra sells 20,537 units in September, up 5%

Mahindra & Mahindra’s passenger vehicles division has announced sales of 20,537 vehicles in September 2016 as against 19,564 vehicles during September 2015, a growth of 5%.

Autocar Pro News Desk By Autocar Pro News Desk calendar 01 Oct 2016 Views icon4494 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Mahindra & Mahindra sells 20,537 units in September, up 5%

Mahindra & Mahindra’s passenger vehicles division has announced sales of 20,537 vehicles in September 2016 as against 19,564 vehicles during September 2015, a growth of 5%. 

This number comprised 19,206 UVs (+3%) and 1,331 cars and vans (+57%).

Commenting on the auto sales performance for September 2016, Pravin Shah, president and chief executive (Automotive), said, “A good and near-normal spread of monsoon as well as new vehicle launches have helped the auto industry perform positively. We do hope that the upcoming festive season brings in better demand due to improved sentiments. We are happy to have achieved an 11% growth (across its PV, M&HCV and three-wheeler divisions) during the first six months of the current financial in spite of the various uncertainties and challenges. Our exports during the six- month period have seen a good growth of 18%. We hope to continue this momentum for the remaining part of the year.”

Also read: Mahindra posts 29% sales increase in August

RELATED ARTICLES
Indian Oil signs mega 10-year LNG supply contract with Total Energies

auther Autocar Pro News Desk calendar20 Jun 2024

Total Energies has signed a sales and purchase agreement with Indian Oil Corporation for the delivery to India of up to ...

Indian Oil and GPS Renewables plan JV for compressed biogas

auther Autocar Pro News Desk calendar20 Jun 2024

The joint venture will focus on integrating advanced biogas technologies to convert organic waste into Compressed Biogas...

Tata Motors to increase CV prices from July 1 in third hike this year

auther Autocar Pro News Desk calendar19 Jun 2024

Cumulative January 1, April 1 and July 1 price hikes see Tata Motors’ range of commercial vehicles getting costlier by u...