Mahindra & Mahindra Ltd. announced a 23% sales rise in auto sector and 13% rise in Tractor market.
The company’s domestic auto sales stood at 30,349 units during April 2011, as against 25,037 units during April 2010, an increase of 21%.
The Passenger Vehicles segment (which includes the UVs as well as the newly launched Verito) registered a growth of 20%, having sold 15,459 units in April 2011, as against 12,923 units during April 2010. The 4 wheel pick-up and commercial passenger segment has registered a growth of 16%, while the 3-wheelers segment has grown by an impressive 45%.
Tractor:
Domestic sales in April 2011 stood at 17,740 units, as against 15,697 units for the same period last year, an increase of 13%.
Total tractor sales (domestic + exports) in April 2011 stood at 18,530 units, as against 16,302 units for the same period last year, an increase of 14%.
Exports for the month stood at 790 units, as against 605 units for the same period last year, an increase of 31%.
Sales Table:
| Sales Summary – April 2011 | |||
| Segment | Apr-11 | Apr-10 | M-O-M Growth |
| 15459 | 12923 | 20% | |
| Passenger Vehicles (Including UVs and Verito) | |||
| 9538 | 8206 | 16% | |
| 4-wheel pickups & commercial passenger* | |||
| 3-wheelers | 4411 | 3048 | 45% |
| MNAL | 941 | 860 | 9% |
| DOMESTIC TOTAL | 30349 | 25037 | 21% |
| M&M EXPORTS | 1741 | 856 | 103% |
| Verito Exports | 0 | 150 | -100% |
| SECTOR TOTAL | 32090 | 26043 | 23% |