Mahindra’s auto sector clocks its highest ever monthly sales of 36718 units

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Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $7.1 billion Mahindra Group, today announced its highest ever sales in a month which stood at 36718 units during January 2011 as against 30149 units during January 2010, an increase of 22%. The company’s all-time high domestic sales stood at 34601 units during January 2011, as against 28988 units during January 2010, an increase of 19%. Exports have grown by 82% during the same period.

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Mahindra’s auto sector clocks its highest ever monthly sales of 36718 units

  1. 1. Mahindra’s Auto Sector clocks its highest ever monthly sales of 36718 units<br />Mumbai, February 1, 2011: Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $7.1 billion Mahindra Group, today announced its highest ever sales in a month which stood at 36718 units during January 2011  as against 30149 units during January 2010, an increase of 22%. The company’s all-time high domestic sales stood at 34601 units during January 2011, as against 28988 units during January 2010, an increase of 19%. Exports have grown by 82% during the same period.<br />The Passenger Vehicles segment (which includes the UVs as well as the Logan) has also registered a growth of 15%, having sold 17208 units in January 2011, as against 14998 units during January 2010. The 4 wheel pick-up segment, which includes the  Maxximo, Gio and the newly launched Genio have registered a growth of 18%, while the 3-wheelers segment has also grown by 37%<br />Speaking on the record numbers, Rajesh Jejurikar, Chief Executive, Automotive Division, Mahindra & Mahindra said, ““It is a matter of pride for us that January 2011 has been a record month for auto sales in the history of Mahindra, wherein we have sold a total of 36718 vehicles. All our brands have done exceptionally well with the Logan having clocked a sale of 1120 units which is the highest during the last 28 months. With the launch of the Genio, we hope to further consolidate our position in the pick-up segment”. <br />Sales Summary – January 2011  Segment              Jan 2011                    Jan 2010       YTD Jan F11            YTD Jan F10Passenger UVs(A)1608814443138615123655Logan (B)112055578404444Passenger Vehicles (A+B)1720814998146455128099 4-wheel pickups  including Genio, Maxximo and Gio10193867384165576753-wheelers617745165064836426MNAL102380192987989DOMESTIC TOTAL3460128988290566230189     M&M EXPORTS17131161136937499Logan Exports404019041000SECTOR TOTAL3671830149306163238688<br /> <br /> <br /> <br /> <br />About The Mahindra Group<br />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, defense, energy, finance and insurance, industrial equipment, logistics, real estate, retail, steel, and two wheelers.  A US $7.1 billion multinational group based in Mumbai, India, Mahindra employs more than 112,000 people in over 79 countries.  In 2010, Mahindra was named among the Forbes Asian Fab 50 and the Credit Suisse Great Brands of Tomorrow. Its flagship company Mahindra & Mahindra Limited has recently earned the distinction of being the only Indian automobile manufacturer to feature in the top 10 list of the Carbon Disclosure  Leadership Index in India,- 2010, created by the Carbon Disclosure Project (CDP). For more information, visit www.mahindra.com<br />

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