Mahindra & Mahindra Sales up 6% in December 2012

Modified On Feb 19, 2024 02:51 PM By Rajpal

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Indian auto major, Mahindra & Mahindra has 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”.

Sales Summary December 2012

Segment	01/12/12	Dec- 2011	YTD Dec FY13	YTD Dec FY12	MOM Dec FY 13 vs 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%
MM EXPORTS	2990	2870	24691	20543	4%	20%
MNAL Exports	0	0	1	0
SECTOR TOTAL	45297	42761	414142	348440	6%	19%