Mahindra’s Auto Sector registers 28% growth during May 2012

Mahindra & Mahindra (M&M Ltd.), India’s leading SUV manufacturer, today announced a 28% rise in its auto sales numbers, which stood at 43988 units during May 2012 as against 34323 units during May 2011.

The company’s domestic sales stood at 39938 units during May 2012, as against 32159 units during May 2011, an increase of 24%. The Passenger Vehicles segment (which includes the UVs and Verito) has registered a growth of 27%, having sold 21154 units in May 2012, as against 16702 units during May 2011.

Speaking on the performance, Pravin Shah, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd. said, “We are happy to have achieved a growth of 28% during May 2012 in spite of difficult and uncertain market conditions. All our brands, especially those in the personal category are doing well. With the planned ramp up of production capacity and the re-opening of bookings of the XUV500 effective 8th of June pan India, we expect to meet the demand of many more of our XUV500 customers”.

Sales Summary May 2012

Segment	May 2012	May 2011	YTD May FY 13	YTD May FY12
Passenger Vehicles (UVs & Verito)	21154	16702	41712	32161
4-wheelers Commercial (Passenger & Load)*	13254	9958	26308	19496
3-wheelers	4320	4498	8979	8909
MNAL	1210	1001	2238	1942
DOMESTIC TOTAL	39938	32159	79237	62508
M&M EXPORTS	4050	2164	5470	3905
SECTOR TOTAL	43988	34323	84707	66413