Initializing...

Top Retail Brands

Mahindra & Mahindra sales rise marginally in June

Automaker major Mahindra & Mahindra today reported a marginal increase in total sales at 38,471 units in June.

Tags: retailer, retail, mahindra and mahindra, news

July 01, 2014  |  comments ( 0 )  | 
Mahindra & Mahindra sales rise marginally in June

By PTI

New Delhi: Automaker major Mahindra & Mahindra today reported a marginal increase in total sales at 38,471 units in June. Mahindra & Mahindra (M&M) had sold 38,092 units in the same month last year, the company said in a statement. M&M's domestic sales also rose marginally at 36,457 units last month as against 36,207 a year earlier. Sales of passenger vehicles, including Scorpio, XUV 5OO, Xylo, Bolero and Verito, stood at 16,780 units compared with 17,232 units in June 2013, down 3%. Four-wheel commercial vehicle sales rose by 3% to 14,138 units in June 2014 as against 13,761 units in the year-ago month, it said. Exports rose 7% to 2,014 units from 1,885 units in the same period a year earlier. M&M Chief Executive (Automotive Division) Pravin Shah said: "The recent announcement by the government of an extension in the lowering of excise duty will provide a fillip leading up to the festive season.

 


Related News


Comments

Please add your comment:

Rating   

Not readable? Change text.

Enter the characters as seen on the image (case insensitive)

Notify me of followup comments via e-mail

Subscribe for daily newsletter