M&M domestic sales up 35.7% in February

M&M domestic sales up 35.7% in February
PTI
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First Published: Tue, Mar 02 2010. 05 22 PM IST
Updated: Tue, Mar 02 2010. 05 22 PM IST
New Delhi: Homegrown auto maker Mahindra & Mahindra Ltd on Tuesday reported an increase of 35.70% in domestic sales for February at 26,580 units.
The company had sold 19,594 units in the domestic market during the same month last year, Mahindra & Mahindra said in a statement.
Total utility vehicle sales, including Scorpio, Xylo, Bolero and Pick-Ups, stood at 18,280 units as against sales of 14,720 units in February 2009, 24.18% up, it added.
Sales of sedan Logan from Mahindra Renault Pvt Ltd, however, went down by 46.73% to 537 units during the month as against 1,008 units in the same month a year ago.
The company said sales of three-wheelers and Gio and Maxximo during February jumped over two-fold at 6,907 units, as against 3,415 units during the same month last year.
Light commercial vehicle sales from Mahindra Navistar Automotives Ltd during the month were at 856 units as against 451 units in the same month a year ago, a jump of 89.80%.
Exports during the month jumped over three-folds to 1,314 units, as against 300 units during February 2009.
For the ongoing fiscal, year-to-date domestic sales stood at 2,56,770 units in February 2010, as against 1,94,467 units for the same period last year, an increase of 32.07%, the company said.
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First Published: Tue, Mar 02 2010. 05 22 PM IST
More Topics: Auto | Mahindra & Mahindra | M&M | Scorpio | Xylo |