Tuesday, May 01, 2012
By Manoj Kumawat
Mahindra cars register 27 per cent growth in April 2012
Mahindra & Mahindra, India’s leading SUV manufacturer, today announced a 27% rise in its auto sales numbers, which stood at 40719 units during April 2012 as against 32090 units during April 2011.
The company’s domestic sales stood at 39299 units during April 2012, as against 30349 units during April 2011, an increase of 29%. The Passenger Vehicles segment (which includes the Mahindra XUV 500, Mahindra Xylo and Mahindra Verito) has registered a growth of 33%, having sold 20558 units in April 2012, as against 15459 units during April 2011.
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Speaking on the performance, Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd. said, “We are happy to have achieved a growth of 27% during the first month of the new financial year. We are particularly encouraged by the success of all our brands especially Mahindra Bolero which figures in the top 10 selling passenger vehicles in India. Going forward, we will continue to work towards maintaining this growth momentum”.