Mahindra’s Auto Sector registers 28% growth during May 2012

Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced a 28% rise in its auto sales numbers, which stood at 43988 units during May 2012 as against 34323 units during May 2011.  The company’s domestic sales stood at 39938 units during May 2012, as against 32159 units during May 2011, an increase of 24%. The Passenger Vehicles segment (which includes the UVs and Verito) has registered a growth of 27%, having sold 21154 units in May 2012, as against 16702 units during May 2011.

Speaking on the performance, Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd. said, “We are happy to have achieved a growth of 28% during May 2012 in spite of difficult and uncertain market conditions. All our brands, especially those in the personal category are doing well. With the planned ramp up of production capacity and the re-opening of bookings of the XUV500 effective 8th of June pan India, we expect to meet the demand of many more of our XUV500 customers”.

Sales Summary May 2012

*Includes Maxximo, Gio, Genio & Bolero Pick up

Mahindra Tractors sells 18019 units in the domestic market during May 2012

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the U.S. $15.4 billion Mahindra Group, maintained its leadership position in the tractor industry in May 2012. Domestic sales in May 2012 stood at 18019 units, as against 17952 units during May 2011. Total tractor sales (domestic + exports) in May 2012 stood at 19016 units, as against 18892 units for the same period last year. Exports for the month of May 2012 stood at 997 units.