Mahindra auto registers 29 pc growth

Date: 01 Sep 2010

MUMBAI: Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $7.1 billion Mahindra Group, announced that its auto sales for August 2010 stood at 28903 units as against 22413 units during August 2009, an increase of 29 pc. The company’s domestic sales stand at 27275 units during August 2010, as against 21410 units during August 2009, an increase of 27 pc. Exports have grown by 62 pc during the same period. The domestic sales for the passenger UV range of products including the Bolero, Scorpio and Xylo stood at 12994 units during August 2010 up by 14% from 11443 units during August 2009. The 3-wheeler range of products domestic sales stood at 5074 units during August 2010 up by 39 pc from 3652 units during August 2009. The 4-wheel pickups range of products domestic sales stood at 7533 units during August 2010 up by 45 pc from 5188 units during August 2009. The sale of the company’s sedan, the Logan, has also seen an upward trend with sales for August 2010 standing at 801 units as against 469 units during July 2009, a growth of 71%.

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