Mahindra declares monthly sales figures

India's leading SUV manufacturer, Mahindra & Mahindra Ltd. (M&M Ltd.), brings out their monthly sales figures which stood at 42,166 units for the month of February 2014.

The Passenger Vehicles segment (which includes UVs and Verito) sold 19,308 units in February 2014, as against 23,421 units during February 2013. The company’s domestic sales stood at 39,338 units during February 2014, as against 44,399 units during February 2013. The 4-wheelers commercial segment has sold 14,701 units, while the 3-wheelers segment clocked 4,724 units in February 2014. Exports for the month stood at 2,828 units.

While passenger segment is faces industry slack, the FARM EQUIPMENT SECTOR has seen a growth of 19% this February. The tractor sales were at 16,552 units in the domestic market, as against 13,944 units in February 2013, a growth of 19%. The company’s overall sales have also grown by 18%, reaching 17,592 units during February 2014.