CorporateM&M automotive sales grow 18.72% in June
Auto major Mahindra & Mahindra today reported 18.72 per cent growth in its total automotive sales in June at 22,999 units compared with 19,371 units in the corresponding month last year.
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Domestic sales during the month stood at 22,526 units against 18,179 units in the year-ago period, up 23.91 per cent, the company said in a statement.
However, exports during the month stood at 473 units compared with 1,192 units in the same month last year, down 60.32 per cent.
Sales of utility vehicles registered 56.07 per cent growth at 17,653 units against 11,311 units in the same period last year.
Three-wheelers sales, however, decline by 22.74 per cent at 3,357 units compared with 4,345 units in the corresponding period a year ago, it said.
The sales of light commercial vehicles decreased to 1,015 units in June 2009, from 1,172 units in June 2008, down 13.40 per cent, the statement added.
Mahindra-Renault"s sedan "Logan" recorded 62.92 per cent decrease in sales at 501 units in June this year compared with 1,351 units in the same month last year.