Mahindra sales grows up

My congratulations to the entire team at M&M’s Automotive Sector. This is a clear validation of the faith reposed in our products by customers. I am especially pleased that our newly launched Mahindra XYLO has changed the rules of the game with impressive sales figures. It is particularly gratifying that Scorpio sales continue to be robust. said Mr. Anand Mahindra, Vice Chairman and Managing Director, Mahindra Group.

Our sales figures this month have been bolstered by impressive numbers for all M&M Ltd. products. Domestic Utility Vehicles have grown a solid 30% on the back of the highest ever sales for the Scorpio, Bolero and the Pik-Up. M&M automotive sector’s total domestic volumes (including joint ventures) for the month of March 2009 stand at 25748 units, as against 23128 units in March 2008. This marks a solid 30% jump in sales for the company’s Utility Vehicles.

This includes the highest ever monthly sales for the Scorpio, Bolero and the Pik-Up which stood at 19973 units for March 2009 as against 15366 units for the same period last year. The company sold a total of 26209 vehicles (Domestic + Exports) in March 2009, as against 24682 vehicles (Domestic + Exports) sold in March 2008.

Mahindra XYLO has revived market sentiment with consistent and impressive sales of 3171 units in March 2009, which includes 3124 units in domestic sales.

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