Mahindra Auto Sales Report: June Sales Grow by 20%

Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $7.1 billion Mahindra Group, today announced that its auto sales for June 2010 stands at 27562 units, as against 22999 units for the same period last year, an increase of 20%.

The company's domestic sales stand at 26243 units, as against 22526 units in June 2009, an increase of 16.5%. Exports have grown by 179%.

The 3W-Gio-Maxximo range of products have registered a phenomenal growth of 125% over same period last year.

Despite the annual shutdown in the first week of June, the Auto Division had posted such strong growth rates.

The YTD UV sales which include the Scorpio, Xylo, Bolero and Pick-Ups, stand at 53948 units, as against 48720 units in June 2009, a growth of 11%.

The total YTD sales of Q1 F11 stand at 82093, as against 62869 for the same quarter of last year, a growth of 31%

Source: The Mahindra Group