| Mahindra &
Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today
announced a 6% rise in its auto sales numbers, which stood at 45297 units
during December 2012 as against 42761 units during December 2011.
The company’s domestic sales stood at 42307 units during December 2012,
as against 39891 units during December 2011, an increase of 6%. The Passenger
Vehicles segment (which includes the UVs and Verito) registered a growth
of 18%, having sold 22761 units in December 2012, as against 19341 units
during December 2011.
The 4 wheeler commercial segment which includes the passenger and load
categories registered a sale of 13706 units, while the 3 wheeler segment
clocked 5209 units in December 2012. Exports for the month of December
2012 stood at 2990 units, a growth of 4% over December 2011.
Speaking on the monthly performance , Pravin Shah, Chief Executive, Automotive
Division, Mahindra & Mahindra mentioned, "High interest rates,
rising fuel prices and an overall slowdown in economic growth has kept
consumer sentiment low during 2012. This is also evident in the auto industry
sales performance for December, which traditionally has been a lean month.
We do hope that corrective measures are announced and implemented soon
bringing in the much needed buoyancy and growth for the industry. At Mahindra,
we are happy to maintain our growth momentum even during these challenging
times".
Segment |
December 2012 |
December 2011 |
YTD Dec FY13 |
YTD Dec FY12 |
MOM Dec FY 13 v Dec FY 12 Growth% |
YOY Growth (YTD Dec FY 13 to YTD FY12
growth %) |
Passenger Vehicles (UVs & Verito) |
22761 |
19341 |
203447 |
156547 |
18% |
30% |
4-wheelers Commercial (Passenger & Load)* |
13706 |
13757 |
127403 |
110730 |
0% |
15% |
3-wheelers |
5209 |
5744 |
50065 |
51114 |
-9% |
-2% |
MNAL |
631
|
1049 |
8535 |
9506 |
-40%
|
-10% |
DOMESTIC TOTAL |
42307
|
39891 |
389450 |
327897 |
6% |
19% |
M&M EXPORTS
|
2990
|
2870 |
24691 |
20543 |
4%
|
20% |
MNAL Exports
|
0 |
0 |
1 |
0 |
|
|
SECTOR TOTAL |
45297 |
42761 |
414142 |
348440 |
6%
|
19% |
|
|