M&M utility vehicle sales grow 36.75% in September

M&M utility vehicle sales grow 36.75% in September

New Delhi: Auto major Mahindra & Mahindra on Thursday reported 36.75% growth in domestic sales of its utility vehicles (UV) in September at 21,961 units against 16,059 units during the same month last year.

The company’s exports, however, fell by 25.69% at 703 units in September, from to 946 units during the corresponding month of 2008, Mahindra & Mahindra (M&M) said in a statement.

Three-wheelers sales also declined by 28.25% at 4,262 units compared with 5,940 units in the corresponding period last year, it said.

The sales of light commercial vehicles decreased to 658 units in September 2009 from 730 units in the same month last year, down 4.38%, the statement said.

Mahindra-Renault’s sedan ‘Logan´ recorded 70.89% decrease in sales at 510 units in August this year compared with 1,752 units in the same month last year.

M&M also reported a jump of 36.16% in cumulative sales of UVs during the first six months of the fiscal at 1,04,000 units, as against 76,381 units during the same period of last fiscal.

Its cumulative exports during the April-September period, howoever, declined by 50.93% at 3,007 units as against 6,128 units during the corresponding period of last year.