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Mahindra’s Auto Sector sales grow 34% during October 2010

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Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $7.1 billion Mahindra Group, today announced a 34% growth in its auto sales numbers for the month of October 2010 which stood at 34,495 units as against 25,670 units during October 2009.
The company’s domestic sales stand at 32491 units during October 2010, as against 24538 units during October 2009, an increase of 32%. Auto division exports have grown by 127% during the same period.

The Passenger UV segment has also registered a growth of 21%, having sold 15908 units in October 2010, as against 13114 units during October 2009.

Mahindra embarked on its journey in 1945 by assembling the Willys Jeep in India and is now a US $7.1 billion Indian multinational. It employs over 1,00,000 people across the globe and enjoys a leadership position in utility vehicles, tractors and information technology, with a significant and growing presence in financial services, tourism, infrastructure development, trade and logistics. The Mahindra Group today is an embodiment of global excellence and enjoys a strong corporate brand image.

Courtesy: The Mahindra Group


Related News:
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Mahindra Two Wheelers achieves 1 lakh sales landmark in 11 months
Mahindra July auto sales grow 24%

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Posted by Naresh Koshti on 3 November, 2010 11:32:17 AM IST #