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M&M auto sales up 42% in December

This article was posted on Jan 1, 2011 and is filed under Market News

Auto-maker Mahindra & Mahindra today reported a 41.92 per cent jump in its sales at 34,062 units in December 2010 over the same period previous year.

The company had sold 24,001 units in the corresponding month of 2009, Mahindra & Mahindra (M&M) said in a statement.

Total sales of M&M utility vehicles, including Scorpio, Xylo, Bolero and Pick-Ups, stood at 14,705 units as against sales of 11,904 units in December 2009, up 23.53 per cent.

Sales of the Logan sedan went up by nearly three-fold to 896 units during the month compared to 308 units in the same month a year ago.

The company said sales of three-wheelers and Gio and Maxximo mini-trucks during December jumped by over two-fold to 5,928 units from 2,909 units during the Light commercial vehicle sales from Mahindra Navistar Automotives Ltd during the month stood at 856 units against 700 units in the same month a year ago, a jump of 22.29 per cent.

M&M’s exports during the month rose 21.57 per cent to 1,516 units as against 1,247 units during December 2009.

source: Business Standard

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